In People V

question 18

Multiple Choice

In People v. Alexander , a law clerk was found not guilty of contempt for preparing an order for the court because

• A) opposing counsel participated in the process.
• B) he was a licensed paralegal.
• C) he was ordered to do so by the judge.
• D) his conduct did not constitute the unauthorized practice of law.

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Definitions:

Selling

The process of promoting and transferring goods or services to a buyer in exchange for money.

Contribution Margin Ratio

The percentage of each dollar of sales that is available to apply to fixed costs and contribute to net income; calculated as unit contribution margin divided by unit selling price.

Unit Contribution Margin

The amount of revenue remaining per unit after deducting variable costs; calculated as unit selling price minus unit variable costs.

Unit Sales Price

The amount that a business charges for one unit of its product or service.