1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna11 [10]
4 years ago
7

James Krieg has finished law school but has unsuccessfully taken the bar exam twice. Krieg is running low on patience and cash.

He has begun writing wills to see him through this time of crisis and is charging $200 per will. Some of his will clients have refused to pay Krieg, and he wishes to take them to a small claims court. Which of the following statements is true?
a. Krieg could recover the fees since the licensing after the bar exam is simply to raise funds.
b. Krieg's agreements are void.c. Krieg could recover the fees on a quasi-contract theory.
d. Krieg's agreements are voidable.
Business
1 answer:
katrin [286]4 years ago
8 0

Answer:

B. Krieg's agreements are void

Explanation:

The bar examination, is the examination that is administered by a jurisdiction's bar association that a lawyer needs to pass before being admitted to the bar of that jurisdiction.

It is the Examination that Lawyers need to pass before they can be given license to practice law in a jurisdiction.

Since Kreig is yet to write his Bar Examination successfully, whatever documents he writes and signs as a Lawyer is void, because,he doesn't have the right to practice law in his Jurisdiction yet.

You might be interested in
Suppose that the price of a cupcake is $4. At this price, 50 cupcakes will be demanded. If the price rises to $5 per cupcake, co
Serggg [28]

Answer: fall by less than $50.

Explanation:

The options are:

• fall by more than $50.

• fall by less than $50.

• rise by less than $50.

• rise by more than $50.

Expert Answer

Consumer surplus, is referred to as the economic measure of the excess benefit that a customer gets. The consumer surplus is the difference between the amount that the customer is willing to pay and the amount that he or she eventually pays.

Based on the question, the total Price paid is: 50 × $4 = $200

Total Revised Price = 50 × $5 = $250

Therefore, there will be a fall by $50 that's ($250 - $200).

5 0
3 years ago
If inflation in the United States is 4% per year and in the United Kingdom it is 8% per year, and interest rate in the United Ki
Artemon [7]

Answer:

c. 6%.

Explanation:

Nominal interest rate = Real interest rate + Expected rate of inflation

Real interest rate = Nominal interest rate - Expected rate of inflation

United Kingdom

Real interest rate = 8% - 6% = 2%

Use Real Interest rate globally

Nominal interest rate = Real interest rate + Expected rate of inflation

Nominal interest rate = 2% + 4% = 6%

4 0
3 years ago
A process of making decisions by constructing simplified models that extract the essential features from problems without captur
zvonat [6]

Answer:

Bounded rationality.

Explanation:

This is explained to be a model that is been used in making choices between alternatives. Models of this kind brings about use of logic, analysis and objectivity always which appear over subjectivity and insight. In this particular model, approaches like Formulating of goal, decision making, identification of criteria for decision making, performing analysis etc are seen to make this model a better type of its kind. Here individuals who are seen to posses high cognitive ability are seen handling of decisions and making quality arrangements towards its actualization.

In a lot of cases, it is seen to not consider factors that cannot be quantified, such as ethical concerns or the value of altruism.

6 0
3 years ago
Bethesda Mining Company reports the following balance sheet information for 2015 and 2016.
77julia77 [94]

Answer:

ROE for Bethesda Mining company = 24.28%

Explanation:

ROE using Du Pont = \frac{net profit}{sales}×\frac{sales}{assets}×\frac{assets}{equity}

the simple way is to solve the equation before substituting. The asset numerator cancels the asset denominator so does the sales numerator to the sales denominator.

so we are left with ROE =    \frac{net profit}{equity} = 100,381 / 413348 = 24.28%

8 0
3 years ago
Read 2 more answers
Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies fo
Andre45 [30]

1. The missing amounts should be determined in the following manner:

On Company A. Materials inventory December 1 Materials inventory December 31-+Materi also purchased -Cost of direct materials

Off Company Total manufacturing costs incurred in December -Direct labor Cost of direct materials used in production -Factory

2. On Company's statement of goods manufactured should be prepared as follows:

On Company Statement of Goods Manufactured For the Month of December 2016 Materials inventory December 1 Add: Purchases Total

3. On Company's income statement should be prepared as follows:

On Company Income Statement For the Month of December 2016 Sales 1,127,000 827.400 299,600 Less: Operating expenses 117,600.

Learn more about income statements at

brainly.com/question/24498019

#SPJ4

5 0
2 years ago
Other questions:
  • If new technologies reduce the marginal cost of abatement​ (MCA), which method of regulating emissions will result in the larges
    7·1 answer
  • Which of the following is NOT a characteristic of money? Question 1 options: It is transferable. It is accepted everywhere. It i
    13·1 answer
  • LEED-certified buildings could be described by all of the following, except ________.energy efficientlimit pollution and recycle
    13·1 answer
  • Jim is evaluating project that will pay him $5,000 per year for 5 years, and then cost him $4,000 per year for 12 years. Jim’s o
    13·1 answer
  • Which theory is based on the notion that competitive advantage is dependent on the four interacting aspects of factor endowments
    12·1 answer
  • A tire company's products are more expensive than those offered by its competitors, but are still sought by customers since they
    12·1 answer
  • Assume that you manage a risky portfolio with an expected rate of return of 15% and a standard deviation of 30%. The T-bill rate
    15·1 answer
  • Full-time students at a particular university must have at least 12 credit hours, but may take up to 18 credit hours in a semest
    8·1 answer
  • Why is it important to keep a record of
    5·1 answer
  • 2. What are some reasons the seller was willing to sell the product at this price?​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!