What is a contingent fee? What distinguishes a lawful contingent fee from an unlawful one?
What will be an ideal response?
A contingent fee is one where the lawyer takes a percentage of what is recovered for the client. A reverse contingent fee is one where the lawyer’s fee is a percentage of what the lawyer saves the client from losing. Generally, for a contingency fee to be legitimate or lawful, the outcome of the case must be in question—that is what makes the fee “contingent.” Also, contingency fees may not be used in certain cases: criminal and divorce. Contingency fees must also be in writing and, in many jurisdictions, signed by the client.
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______ is the tendency to assess the values, beliefs, and behaviors of our own culture as superior to those of other cultures.
Fill in the blank(s) with the appropriate word(s).
Corporate entrepreneurship is sometimes called "intrapreneuring."
Answer the following statement true (T) or false (F)
The calculation of Rate of Return on Common Shareholders' Equity (ROCE) is as follows: Rate of Return on Common = Shareholders' Equity
a. Net Income - Dividends on Preferred Stock --------------------------------------------------- Ending Common Shareholders' Equity b. Net Income --------------------------------------------------- Average Common Shareholders' Equity c. Net Income + Dividends on Preferred Stock --------------------------------------------------- Average Common Shareholders' Equity d. Net Income - Dividends on Preferred Stock --------------------------------------------------- Average Common Shareholders' Equity e. Net Income + Dividends on Preferred Stock --------------------------------------------------- Ending Common Shareholders' Equity
Data management systems that integrate information across all the departments of an organization are called
A. enterprise resource planning (ERP) systems. B. intermodal data planning (IDP) systems. C. electronic data interchange (EDI) systems. D. just-in-time (JIT) inventory systems. E. enterprise data planning (EDP) systems.