An unliquidated debt can be described as

a. a debt in which both its existence and amount is in dispute.
b. a debt in which the existence or amount is in dispute.
c. a debt disputed by the creditor but not the debtor.
d. a debt undisputed by either party.


b

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Why is it that the Model Rules require contingency fee agreements to be in writing and signed by the client?

What will be an ideal response?

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If we want to model the time it takes to serve a customer at a bank, we will probably choose a(n):

a. symmetric distribution b. positively skewed distribution c. negatively skewed distribution d. unbounded distribution

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An advantage of using the scattergraph method over the high-low method is that all points of data are used in determining the cost line.

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

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Interest Expense had an adjusted balance of $1,208. The adjusting entry for accrued interest was for $422. The unadjusted balance for Interest Expense was a:

A) $422 debit. B) $1,630 debit. C) $1,630 credit. D) $786 debit.

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