A person who holds legal title to property in trust for another is known as what?
a. Trustor
b. Principal
c. Trustee
d. Executrix
c
Legal Studies & Paralegal
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The simplest form of a business, in which one individual owns the business, is entitled to any profits, and is personally liable for all debts or obligations, is known as:
a. A partnership b. A professional corporation c. A sole proprietorship d. A business corporation
Legal Studies & Paralegal
According to a compensation survey conducted by Paralegal Today in 2012, billing rates for paralegals range from _____ per hour.
A. $60 to $155 B. $5 to $50 C. $40 to $400 D. $10 to $100
Legal Studies & Paralegal
There are a number of formal steps on a state and federal level required to create a sole proprietorship
Indicate whether the statement is true or false
Legal Studies & Paralegal
What is a Segregation of cash?
What will be an ideal response?
Legal Studies & Paralegal