When, if at all, could a firm represent one client who is suing another client?
What will be an ideal response?
About the onlyway that a firm could represent one client who has sued another of the firm’s clients is if the other client has not retained the same firm to represent him or her in the litigation, and if the
other client consents to the representation.
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The insurance carrier used by Pinnacle Computer Systems specifies 65% coinsurance. The company recently incurred $420,000 in damages from flooding. The building was valued at $625,000, but was only insured for $320,000. What amount will be paid by the insurance company for the loss? (Round your answer to the nearest cent)
A. $626,000.00 B. $411,240.59 C. $330,830.77 D. $292,400.00
________ and ________ do not take title to goods
A) Full-service wholesalers; limited-service wholesalers B) Brokers; agents C) Rack jobbers; truck jobbers D) General merchandise wholesalers; specialty line wholesalers E) Drop shippers; cash-and-carry wholesalers
Zeta Technologies has the following projections. It has no non-operating assets. Calculate Zeta's intrinsic value of equity using the FCFE model. Current year Year 1 Year 1 Year 3 FCF NA $1,000 $1,200 $1,248 Total debt $3,000 $3,900 $4,290 $4,462 Interest rate on debt 6% 6% 6% 6% Tax rate 25% 25% 25% 25% Long-term growth rate 4% Required return on equity 9%
A. $21,165 B. $23,282 C. $25,610 D. $28,171 E. $30,988
While Harry was intoxicated, he sold his car to Ben for substantially less than its fair market value. This contract is considered ________.
A. valid B. voidable C. void D. unenforceable