Assuming there is a conflict between the attorney rules of ethics in a paralegal’s jurisdiction and the ethics rules for the paralegal association to which that paralegal belongs, which rule should be followed? Why?
What will be an ideal response?What will be an ideal response?
Because paralegals must work under the direct supervision of licensed attorneys, and because
those attorneys are professionally responsible for the conduct of their paralegals, and because
the attorney ethics rules require supervising attorneys to make their nonlawyer assistants
aware of their duty to comport themselves as if they were lawyers, paralegals need to always
follow the attorney rules of ethics in their jurisdictions.
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Women and minorities often have difficulty finding mentors.
Answer the following statement true (T) or false (F)
A convertible bond is one where
a. the issuer can convert from a fixed interest rate to a floating one. b. the issuer can convert it from long-term to short-term. c. the issuer can retire the bond before its specified due date. d. the holder can convert the bond into common stock at a future time.
Common elements of a report include:
a. a title page b. an index c. both of the above d. none of the above
A corporation issued 8% bonds with a par value of $1,000,000, receiving a $20,000 premium. On the interest date 5 years later, after the bond interest was paid and after 40% of the premium had been amortized, the corporation called the bonds at $990,000. The gain or loss on this retirement is:
A. $22,000 gain. B. $0. C. $10,000 loss. D. $22,000 loss. E. $10,000 gain.