In Client Files, a Practitioner Should Include All of the Following

question 26

Multiple Choice

In client files, a practitioner should include all of the following types of underlying legal authority except?

• A) Underlined or highlighted portions of important legal documents.
• B) Case, regulation, and ruling briefs that are pertinent to the file memo.
• C) A listing of legal citations and computer files that would show a researcher's analysis.
• D) All of the above information should be included in a client file.

Understand the basic principles of international trade and its economic effects on nations.

Identify the roles and criticisms of international trade organizations such as the World Trade Organization.

Differentiate between comparative advantage and absolute advantage in trade.

Recognize the U.S. position in global trade, including its trade balance and major trading partners.

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Definitions:

Interest Rate

The specific rate at which interest is incurred on borrowed cash from a lender to a borrower.

Investment Deposited

The action of placing money into a financial scheme, shares, or property with the expectation of achieving a profit.

Interest Rate

The percentage of an amount of money charged for its use over a specified period of time.

February

The second month of the year in the Julian and Gregorian calendars, usually having 28 days and 29 days in leap years.