Given the outcome of this case, how were the bankruptcy attorneys compensated? a. They were not compensated, and therefore, thei
r law firm had to "write off" their out-of-pocket expenses and billable hours. b. They would have simply submitted a bill for their out-of-pocket expenses and been paid that amount by a court. c. They could use an administrative law judge to appeal the case to ask for some limited payment for their time and services.
A. they were not compensated, and therefore, their law firm had to "write off" their out-of-pocket expenses and billable hours
Explanation:
In accounting, every loss that a business made through the operation is considered as tax write-off. This regulation is created in order to make businesses who fail to earn profit to survive.
bankruptcy attorneys are most likely wouldn't receive their in cash since they're handling the business that about to closed down.
So, in order to obtain profit from handling such cases, bankruptcy attorneys often took different type of cases (such as business acquisition or Legal consultation) and use the loss they get from bankruptcy cases as a tax write off for their other revenue.
Renaissance ideas soon spread beyond Italy to northern Europe by means of trade, travel, and printed material, influencing the art and ideas of the north. Trade, the movement of artists and scholars, and the development of printing helped spread Renaissance ideas north from Italy
Dinosaur, but some sea animals lived before the Dinosaurs but since you do not have any sea animals it’s going to be Dinosaurs. Here’s a picture to state my answer.
