Identify and Describe the Five Elements of Listening

question 45

Essay

Identify and describe the five elements of listening.

Recognize the scope and limitations of client confidentiality and the paralegal’s role in maintaining it.

Identify the exceptions to the rule of client confidentiality.

Differentiate between attorney-client privilege and work product doctrine.

Explain the legal and ethical implications of breaches in client confidentiality.

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Definitions:

Zero-Coupon Bonds

Zero-coupon bonds are debt securities that are issued at a discount to their face value and don’t pay interest before maturity; instead, investors receive the face value at maturity.

Face Value

The nominal or dollar value printed on a bond, bill, or other financial instrument, representing the amount due at maturity.

After-Tax Cost of Debt

The interest rate on a company's debt after taking into consideration the tax deductibility of interest expenses.

Zero Coupon Bond

A type of bond that does not pay interest during its life but is sold at a deep discount, paying its full face value at maturity.