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Psychologists Are Required to Avoid Any Type of Relationship with a Client

question 78

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Psychologists are required to avoid any type of relationship with a client beyond the therapist-client arrangement. In other words, psychologists are required to avoid


Definitions:

Limited Liability

A legal structure for a business where the owners' personal assets are protected from the company's debts and liabilities.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights such as voting on important company decisions.

Stockholders' Equity

Represents the owners' interest in a company, calculated as the difference between total assets and total liabilities.

Paid-In Capital

Paid-in capital is the amount of money investors have contributed to a company in exchange for equity.

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