Answer the following statement(s) true (T) or false (F)
1. Both the Model Code and the Ethics 2000 version of the Model Rules require that legal fees be reasonable.
2. One of the factors listed in the Model Code and Model Rules that helps determine whether a fee is reasonable or excessive is the fee customarily charged in the locality for similar legal services.
3. There are certain overhead activities performed in a firm that are generally considered nonbillable activities, because the lawyer’s fee should already cover overhead activities.
4. Many states, but not the federal government, place caps on certain types of legal fees.
5. Double billing and bill padding are synonyms for the same activity.
1. False
2. True
3. True
4. False
5. False
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Answer the following statements true (T) or false (F)
1. The "open shop" movement of the early 1900's was a large scale effort by employers to close workplaces to individuals who were unionized or who had an interest in union representation. 2. The open shop movement criticized closed shop arrangements because they took away employee rights to freely determine where they wanted to work, and on what terms. 3. The open shop movement emphasized employer rights to freely make decisions regarding their property and business but downplayed worker rights to choose where to work and on what terms. 4. The open shop movement of the early 1900's was funded by well-meaning workers who were concerned about the impact of unionization on their livelihood. 5. The result of the strike leading up to the Ludlow Massacre was union recognition and better wages, hours, and working conditions for miners in the coal mines of Colorado.
Ken decided to open a retail boat dealership. He expects that many of his sales will be credit sales. What should Ken do to protect his interests in the collateral in the credit sales that he makes?
Collateralized mortgage obligations are relatively low risk investments
Indicate whether the statement is true or false.
________ constrain data values and the processing of the database
Fill in the blank(s) with correct word