States Have Educational and Licensing Requirements for Lawyers to Ensure

question 36

Multiple Choice

States have educational and licensing requirements for lawyers to ensure that

• A) only smart people become lawyers.
• B) lawyer salaries remain high.
• C) anyone practicing law is competent to do so.
• D) None of these choices is correct.

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Definitions:

Ethical

Related to moral principles or the branch of knowledge dealing with these.

Liquidated Debt

A debt where the amount owed is known and determined, not subject to future conditions.

Unliquidated Debt

A debt that has not been determined or calculated because the exact amount owed may not be known.

Consideration

The value (monetary, goods, services, promise) that is given by both parties in a contract, making the agreement legally binding.