Collaborative Law Is the Process of

question 107

Multiple Choice

Collaborative law is the process of

• A) attorneys for opposing sides agreeing to work together for a settlement.
• B) attorneys and paralegals working together for a settlement advantageous to their client.
• C) a judge working with both sides to reach settlement.
• D) mediators working with attorneys to reach settlement.

---

Definitions:

Net Income

The amount of profit left after all operating expenses, taxes, and other costs have been subtracted from total revenue.

Structured Entity

A financial entity designed to segregate certain risks, assets, or activities, often used in complex financial structures to achieve specific objectives.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.

Associated Company

A firm in which another company owns a significant stake but not a controlling interest, usually between 20% and 50% of the voting shares.