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Some Attorneys Contact Many Experts as a Ploy to Disqualify

question 43

Short Answer

Some attorneys contact many experts as a ploy to disqualify them or prevent opposing counsel from hiring them; this practice is called "____________________."


Definitions:

Conservatism Constraint

An accounting principle that provides guidance for uncertain conditions, advising to recognize expenses and liabilities sooner rather than later.

Historical Cost Principle

An accounting principle that states that assets should be recorded and reported at their original purchase cost.

Work in Process

Inventory that includes goods that are in the process of being manufactured but are not yet complete.

Finished Goods Inventory

Manufactured goods that are complete and ready for sale.

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