According to the Text, a Good Rule of Thumb to Follow

question 28

Multiple Choice

According to the text, a good rule of thumb to follow regarding client confidentiality is that

• A) a client must be able to confide in his or her attorney.
• B) a lawyer may not reveal information relating to the representation of a client.
• C) paralegals should regard all information about a client or client's case as confidential.
• D) only clients' secrets and confidences may not be revealed.

---

Definitions:

Average Total Cost

The sum of all production expenses, both fixed and variable, divided by the total quantity of units manufactured.

Average Fixed Cost

The fixed cost per unit produced, calculated by dividing total fixed costs by the number of units produced.

Average Variable Cost

The variable cost per unit, calculated by dividing total variable costs by the quantity of units produced.

Total Cost

The sum of all expenses incurred in the production of goods or services, including fixed and variable costs.