When did paralegalism start to be recognized as a separate legal occupation?
What will be an ideal response?
In 1968, the ABA created the forerunner committee to the Standing Committee on Legal Assistants, and
by the mid-1970s, the ABA created SCOLA (now called the Standing Committee on
Paralegals), giving it authority to grant ABA approval to paralegal programs.
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Benson and Orton are partners who share income in the ratio of 1:3 and have capital balances of $70,000 and $30,000, respectively. Ramsey is admitted to the partnership and is given a 40% interest by investing $20,000 . What is Orton's capital balance after admitting Ramsey?
a. $20,000 b. $9,000 c. $70,000 d. $63,000
Which of the following statements is true?
a. Collecting receivables is not part of the accounting cycle; b. Usually, current liabilities are due after two years; c. In the report form of the balance sheet, the assets section is shown next to the liabilities and equity sections; d. The ending owner's equity balance appears on only one financial statement; e. All of these statements are true.
According to the categorization of multinational organizations, development and diffusion of knowledge in a multinational organization is marked by ______.
A. knowledge developed and retained within each unit B. knowledge developed and retained at the center C. knowledge developed at the center and transferred to overseas units D. knowledge developed jointly and shared worldwide
Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors
Indicate whether the statement is true or false