What Is the Primary Purpose of the Acceptance and Continuance

question 6

Multiple Choice

What is the primary purpose of the acceptance and continuance of client relationships and specific engagements element of quality control?

• A) Guarantee that firms do not associate with clients whose management lacks integrity.
• B) Provide reasonable assurance that firms do not associate with clients whose management lacks integrity.
• C) Guarantee that firms will not be sued as a result of association with a client.
• D) Provide reasonable assurance that firms will not be sued as a result of association with a client.

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Definitions:

Early Neutral

A dispute resolution process where a neutral third party assesses the merits of the case early on to assist in settlement or case management.

Collaborative Law

A legal process enabling couples who have decided to separate or end their marriage to work with their lawyers and, on occasion, other family professionals in order to avoid the uncertain outcome of court and to achieve a settlement that best meets the specific needs of both parties and their children without the underlying threat of litigation.

Binding Arbitration

A legal procedure where a dispute is resolved by an arbitrator whose decision is final and legally enforceable.

Informal Law

A term that may refer to customary practices or agreements that are recognized and followed by a group of people, even though they are not codified by government legislation.