A contingency fee is a situation in which no fee will be charged unless a specified finding or result is attained
a. True
b. False
Indicate whether the statement is true or false
True
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Cost of goods sold is the difference between costs available for sale and beginning inventory
a. True b. False Indicate whether the statement is true or false
Which of the following statements is true of bankruptcy judges?
A. They are considered to be units of the court of appeals. B. If a dispute falls within a core proceeding, the bankruptcy judge can hear and determine the controversy. C. If a dispute is not a core proceeding but involves a state law claim, then the bankruptcy judge can act as the district court judge. D. They are considered to be units of local circuit courts.
If demand is highly responsive to a change in price, we say the demand is ________
A) variable B) inelastic C) value-based D) elastic E) fixed
Lois is 53. What type of retirement plan allows her to contribute up to a maximum of $3,500, is not tax-deductible, but the earnings accumulate tax-free?
a. Roth IRA b. 401(k) c. 403(b) d. Keogh e. defined benefit