What are some advantages to allowing paralegals to work as independent contractors to lawyers?
What will be an ideal response?
To the independent paralegals, there are the economic advantages that accompany those who
are successful entrepreneurs, as well as the advantages of autonomy and flexibility that can
flow from being self-employed. To lawyers and/or law firms, especially small firms, there
can be the advantages that come from paying for only those paralegal/legal assistant services
that are needed, as opposed to the expenses associated with hiring, orientating, and keeping
employees on a payroll and employee benefits plan.
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When a firm repurchases its own stock and retires it, the stock is called treasury stock
Indicate whether the statement is true or false
Give a situation where optimal and maximum capacities are the same
What will be an ideal response?
In applying the simplex solution procedure to a minimization problem to determine which variable enters the solution mix,
A) pick the one with the most positive Cj - Zj. B) pick the one with the largest Cj. C) pick the one with the smallest Zj. D) pick the one with the most negative Cj - Zj. E) pick the smallest nonnegative number formed by dividing each amount in the quantity column by the appropriate column at the exiting variable.
First Federal had a perfected security interest in Vicor's printing press. Second Credit had a security interest in the same press, but its interest was not perfected. First Federal takes priority over Second Credit
Indicate whether the statement is true or false