Under what conditions would an attorney have an implied authorization to disclose client information?

What will be an ideal response?


When it is necessary to carry out the purposes of the representation, such as disclosing client
information necessary to represent the client in settlement negotiations.

Business

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Based on the information concerning Snowflake Corp what is the value of the goodwill related to the acquisition?

a. $1,775,000 b. $475,000 c. $2,250,000 d. $1,325,000

Business

An eliminating entry is required when a subsidiary owes a parent company but not when the parent owes the subsidiary

Indicate whether the statement is true or false

Business

Net income for the year was $29,500. Accounts receivable increased $2,500, and accounts payable increased $5,400. Under the indirect method, the cash flow from operations is $32,400

Indicate whether the statement is true or false

Business

Private mortgage insurance

A) is typically required when the down payment is less than 20 percent. B) is required on all home mortgages. C) is desireable low cost insurance against defective title. D) can not be cancelled during the entire term of the mortgage.

Business