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Arlecino [84]
3 years ago
8

When you arrange to pay a retainer for a lawyer, you are actually _____.

Business
1 answer:
Tpy6a [65]3 years ago
8 0
When you arrange to pay a retainer for a lawyer, you are actually C. PAYING THE LAWYER IN ADVANCE FOR WORK.

To have a lawyer in retainer means that you, the client, are paying the lawyer a small amount in a regular basis whether, you need his legal services at that time or not. The lawyer, in exchange, will lend his legal services whenever you need them. 

Putting a lawyer in retainer is the usual practice of small businesses which needs constant legal work but is not financially capable of hiring a full time lawyer.
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On September 1, 20X1, Revsine Co. approved a plan to dispose of a segment of its business. Revsine expected that the sale would
Lady_Fox [76]

Answer:

losses from discontinued operations 395,000

Explanation:

From 1/1/20X1 to 8/31/20X1 <u>realized </u>loss 300,000

From 9/1/20X1 to 12/31/20X1  <u>realized </u>loss 200,00

<em><u>EXPECTED </u></em>Profit from 1/1/20X2 to 3/31/20X2 400,000

As the accounting carries the accrued principles Revsine's expectations aer not accrued thus, do not included until realized.

The company has losses for 500,000 with a tax-rate of 21%

This generates a tax-shield of 105,000

net of taxes: 500,000 - 105,000 = 395,000

7 0
3 years ago
When the expected rate of inflation is higher than the actual rate of inflation, wealth is: A. not redistributed at all. B. redi
Gemiola [76]

Answer:

D. redistributed from borrowers to lenders.

Explanation:

  • The inflation is the increase of the price levels of the goods and the services in the economy for a long time and shows a reduction in the purchasing power, a common measure is the price index.
  • Very high rates of inflation are caused by the massive growth of the money supply the expected rate of inflation of wealth is measured by the distribution of the wealth of the borrowers to the lenders that create hoardings of prices and fluctuations in the real demands.
3 0
3 years ago
How did President Trump react to the two multilateral trade agreements, the Trans Pacific Partnership and the Transatlantic Trad
zhenek [66]

Options:

He pulled the United States out of these negotiations.

He attempted to expand these agreements to include other nations.

He quickly signed the agreements after taking office.

He asked that the United States control more than 50 percent of the involved nations.

He agreed that even more multilateral trade agreements should be established.

Answer:He pulled the United States out of these negotiations.

Explanation:Trans Pacific Partnership is one of the strategic policies of Former president barrack Obama,it involves a dress trade agreements between the United States of America and the Asian countries but in 2017,President Trump withdrew from the trade agreements.

President Trump also pulled out if the Transatlantic Trade and Investment Partnership which was a trade agreement between the United States of America and Europe.

7 0
3 years ago
Brands that we closely link to our rituals are called ________ brands; once they become imbedded in our rituals we are unlikely
KiRa [710]

Answer:

Fortress

Explanation:

A fortress brand as seen in the statement above can be defined as a brand that is a part of an individual's ritual and are unlikely to be replaced.

This means that the love or affinity fro a certain brand in day to day lives if individuals, makes the brand the go-to brand at any time because it has become a part of the individual's life.

Cheers.

8 0
3 years ago
Select the correct answer.
mafiozo [28]

Answer:

A

Explanation:

7 0
3 years ago
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