How are the conflicts of interest dynamics different when the client is a corporation or other entity?
What will be an ideal response?
Corporations are entities that consist of different constituents, some of whom have management authority over the corporation. Although a director-constituent or executive constituent has a direct relationship with the corporation’s lawyer, the lawyer or the paralegal needs to remember that the corporation is the client, not the director or executive.
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Which of the following generates pressure to increase inventories?
A) inventory holding costs B) ordering costs C) storage and handling costs D) taxes and insurance
GR8 Stores, Inc., hires Haul-Way Company, a common carrier, to transport 500 Intelo Game consoles from San Diego to Phoenix. En route, a pothole causes the truck to crash, damaging the goods. Liability for the damage most likely rests with
A. GR8 Stores and Haul-Way. B. GR8 Stores only. C. Haul-Way only. D. Intelo only.
Which of the following is greater (answers rounded to the nearest cent)?
A) An ordinary annuity of $100.00 per year for three years discounted at 10% per year B) A present value of $248.69 C) A future value of $331.00 three years from today, given an interest rate of 10% per year D) You would be indifferent to the three choices since they all have the same present value when using an interest rate of 10% per year.
Bob is a software engineer in California. The FBI considers Bob to be a threat to national security and wishes to conduct covert electronic surveillance on Bob. Before conducting this surveillance, the FBI would probably file a request for a warrant with which court?
A. U.S. Court of Federal Claims B. U.S. Court of International Trade C. U.S. Foreign Intelligence Surveillance Court D. U.S. Court of Appeals for the Armed Forces