The Purpose of an Informational Interview Is to

question 72

Multiple Choice

The purpose of an informational interview is to

• A) gather additional information.
• B) learn about the client's legal problem and decide whether to take the case.
• C) update the client on case progress, procedures, trial dates, and other information.
• D) summarize information learned during the client interview.

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Definitions:

Goodwill

The value attributed to a company's brand name, customer relationships, and other intangible assets that are not separately identifiable.

Liabilities

are present financial obligations arising from past events, the settlement of which is expected to result in an outflow of resources embodying economic benefits.

Tax Rate

The percentage at which an individual or corporation is taxed.

Marketable Securities

These are liquid financial instruments that can be quickly converted into cash at market value, such as stocks, bonds, or Treasury bills.