One who purchases corporate stock, or shares, and becomes an owner of the corporation is known as a
A. partner.
B. shareholder.
C. responsible billing partner.
D. sole proprietor.
Answer: B
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Fraud is best defined as
A. the tortfeasor knowingly making false statements, or purposefully behaving, so as to deceive the victim. B. the tortfeasor pretending to sell the victim one product when, in fact, he or she is selling another, lower-quality product. C. the tortfeasor taking another person’s personal property and using it for the tortfeasor’s own benefit. D. All of these choices.
Which of the following is the best example of misrepresentation?
A. A used-car salesperson puts a sign on a 1966 Ford Custom 500 automobile, indicating that it has “low mileage and loving care.” B. A politician announces at a fund-raising dinner that, if elected, he or she will vote against new taxes. C. A plaintiff’s lawyer tells the defendant’s counsel that settlement is possible, when the plaintiff has previously indicated a desire not to settle. D. A roofer states that a homeowner’s entire roof must be replaced, when adequate repairs could be made by replacing a few loose shingles.
Sandra, the adopting parent, is entering into a private and open adoption with Trina, a woman who works with her. Trina and Sandra have been acquainted for several years, but are not close friends. Sandra has come to your firm to facilitate the arrangement, and write up the agreement. What will you need to know?
What will be an ideal response?
A log used to track documents is known as a/an .
Fill in the blank(s) with the appropriate word(s).