Bemis Is Forming Cool Air Company to Make and Sell

question 37

Multiple Choice

Bemis is forming Cool Air Company to make and sell a device that removes the heat from working kitchens and other hot rooms.In exchange for legal services to Bemis and his new firm at the start-up stage,an attorney is not likely to accept

• A)an equity stake in Cool Air.
• B)a promise of Bemis's future legal business.
• C)a flat fee or a retainer.
• D)a promise to keep the attorney's legal advice confidential.

---

Definitions:

Central Tendency

A single number or value that describes the typical or central score among a set of scores.

Frequency Distribution

A mathematical function that shows the number of occurrences of each value of a variable, often represented in a table or graph.

Median

A measure of central tendency; the middle score in a distribution of scores that divides the distribution in half.

Mean

A measure of central tendency, obtained by summing scores and then dividing the sum by the number of scores.