With the Time and Material Pricing Method, the Hourly Time

question 53

Multiple Choice

With the time and material pricing method, the hourly time charge is typically set to:

• A)the hourly labour cost.
• B)the hourly labour cost + annual overhead.
• C)the hourly labour cost + an hourly overhead charge + an hourly charge to cover the profit margin.
• D)annual overhead + an hourly charge to cover the profit margin.
• E)the hourly labour cost + an hourly charge to cover the profit margin.

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Definitions:

Diminished Capacity

A legal defense that argues a person should be less culpable for their actions due to mental impairment.

Twinkie Defense

A controversial defense strategy in which the defendant claims diminished capacity due to the effects of consuming an unusual amount or type of food, famously used in the trial of Dan White.

Wyatt v. Stickney

A landmark legal case that established the right to adequate treatment for people in mental health facilities.

Durham v. United States

A landmark legal case that changed the way mental illness was assessed in relation to criminal liability, introducing the Durham rule.