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Semenov [28]
3 years ago
9

Step 1: Review the case study below. Dewey, Cheatham, and Howe are partners in a law firm operated as a general partnership. Dew

ey and Cheatham agreed to represent (as co-counsel) Annabelle Adams (as plaintiff) in an automobile accident involving approximately $500,000 in medical costs, lost wages, and other consequential damages. Howe did not "sign on" to represent Ms. Adams, and aside from hearing about the case and his law firm's involvement in it, he did not have any affiliation with Ms. Adams. Just today, Howe discovered that Dewey and Cheatham missed the filing deadline for Ms. Adams' lawsuit (the statute of limitations period for her lawsuit expired one day before the complaint was filed). Upon motion soon to be filed by the defense attorney, Ms. Adams's case will be dismissed on the statute of limitations defense. Ms. Adams is considering filing a legal malpractice claim against the Dewey, Cheatham, and Howe partnership, as well as against Dewey, Cheatham, and Howe individually, as partners of the law firm. Howe has over id="mce_marker" million in personal assets, while Dewey and Cheatham are spendthrifts and have only minimal personal assets. Step 2: Write a letter to attorney Howe. Write a one- to two-page (250- to 500-word) letter advising attorney Howe of his potential personal liability in Annabelle Adams's legal malpractice lawsuit against the law firm and its individual partners.
Business
1 answer:
3241004551 [841]3 years ago
3 0

Answer:

do your own work serously

Explanation:

You might be interested in
Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,000 in investment expenses. T
Reil [10]

Answer:

Please check the following explanation

Explanation:

Capital losses are not included in the calculation of net investment income. Therefore, $2,000 long-term capital loss would have no effect on investment income. Thus, Porters' investment income will remain $2,500.

Consequently, Porters' can deduct $2,500 of the investment interest expense and the remaining $500 of investment interest expense will be carried over to next year.

4 0
3 years ago
The table below reports the total population in a country and the number of people in different groups as below:Total population
weqwewe [10]

The unemployment rate in this population is 12%

First of all we have to find the total labour force in this country

Children less than 18 + people in the military + people in jail + retirees + marginally attached workers + full time students

= 50million + 15million + 30 million + 10 million + 30 million + 20

= 155 million

Labor force = 280million - 155 million

= 125 million

In this population those working full time and part time are the number of those that are employed.

= 30 million + 80 million

= 110 million

The unemployed = 125 million - 110 million

= 15million

The unemployment rate =

\frac{Unemployed}{LaborForce} \\=\frac{15}{125}

= 0.12

The unemployment rate = 12%

Read more on brainly.com/question/15707932?referrer=searchResults

5 0
2 years ago
___________ focuses on clarifying employees’ role and task requirements and providing followers with positive and negative rewar
ArbitrLikvidat [17]

Answer:

transactional leadership

Explanation:

Transactional leadership is a style in which the leader tries to encourage its employees to perform well in their jobs by using rewards and punishments. According to this, the answer is that transactional leadership focuses on clarifying employees’ role and task requirements and providing followers with positive and negative rewards contingent on performance.

7 0
3 years ago
Your firm needs a computerized line-boring machine that costs $90,000 and requires $16,000 in maintenance costs for each year of
sladkih [1.3K]

Answer:

The aftertax salvage value of the machine is D) $10,134

Explanation:

Hi. first, we need to find out the book value of the machine at the selling date, that is 3 years from now, and the book value is as follows.

BookValue=90,000-90,000*0.3333-90,000*0.4444-90,000*0.1482=6,669

Since taxes are based on the profit you make by selling something, our profit is:

Profit=12,000-6,669=5,331

Therefore, our taxes are:

Taxes=5,331*0.35=1,866

So, the after tax salvage value of the machine is the money you received on the sale minus the taxes you have to pay, that is:

Salvage Value of the Machine = $12,000 - $1,866?= $10,134

That is option D)

Best of luck.

3 0
3 years ago
The RIASEC model is one way to classify people by their personality type. The model suggests that employees will have more caree
miss Akunina [59]

Answer:

True

Explanation:

The SDS ( RIASEC MODEL) is a direct product of a theory of personality types and environmental models developed by John Holland.

It proves that you can use your three-letter Summary Code to locate occupations (or fields of study, or leisure activities) that correspond best with your personality and thus are most likely to satisfy you.

3 0
3 years ago
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