A contingent fee arrangement means that ________.

A. the attorney bills for each hour spent on the case
B. the attorney has accepted a fixed sum to handle the case
C. the attorney will take a percentage of the recovery as the fee
D. the attorney will recover the fee from the defendant


Answer: C

Legal Studies & Paralegal

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Why are contracts essential to the business process?

A) They provide assurance that agreements will be honored and can be relied upon. B) They slow down the process and give the parties a chance to change their minds. C) They make it easier to get out from under a business transaction. D) They guarantee that all of the parties will make a profit from the transaction.

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The ability to make legal decisions for one's self is referred to as _____________

Fill in the blank(s) with correct word

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Another name for the "most significant contact" approach is the center of gravity approach.

Answer the following statement true (T) or false (F)

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IRAC stands for ________, rule, analysis, and conclusion

Fill in the blank(s) with correct word

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