What would make a lawyer’s fee unreasonable or excessive simply because it is too high?
What will be an ideal response?
It is usually not the dollar amount, or the contingency fee percentage. But a lawyer’s fee can
be thought unreasonable when it is a result of the lawyer taking advantage of the client. Also,
unreasonableness has been where the fee is extremely high in light of the effort needed to
earn it. If the lawyer works intentionally slow or inefficiently, that can make an hourly fee
excessive. The same goes for double billing. And a lawyer may not bill the client at the
lawyer’s hourly rate for work that could and should have been done by a paralegal/legal
assistant, whose rates are cheaper.
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A high P/E ratio always indicates that a stock is overpriced by the market
a. True b. False Indicate whether the statement is true or false
If you have five friends who tell you they all have had great experience with their purchase of a Chevrolet, and you used this evidence to decide to buy a Chevrolet, you would be using:
A) consumer self-report and evaluation B) deductive statistics C) generalization D) independent judgment E) statistical logic
The objective of a human resource strategy is to:
A) produce the demand forecast at the lowest possible labor cost. B) match employment levels with demand. C) achieve a reasonable quality of work life at low cost. D) manage labor and design jobs so people are effectively and efficiently utilized. E) hire the most diversified workforce possible.
Fixed assets that provide the basis for a firm's earning and value are often called ________
A) tangible assets B) noncurrent assets C) earning assets D) book assets