A paralegal working for a sole practitioner might handle which of the following tasks?
a. Offering legal advice to clients
b. Receiving and date-stamping mail
c. Interviewing clients and witnesses
d. Receiving and date-stamping mail and interviewing clients and witnesses
Q. 2A paralegal working for a sole practitioner might act as which of the following?
a. Secretary
b. Paralegal
c. Administrator
d. All of these choices are correct
Q. 3Which of the following is true of working for a sole proprietorship?
a. The work is highly specialized
b. The work typically encompasses a wide variety of tasks
c. You will have limited personal liability
d. The working hours tend to be more regular9 A.M. to 5 P.M.
Q. 4An attorney who practices law as a sole proprietor is often called a:
a. Loner lawyer
b. Sole practitioner
c. Private practitioner
d. Limited practitioner
Q. 5Which of the following is an example of a personal asset?
a. A house
b. A savings account
c. An investment account
d. A house and a savings account
e. All of these choices are correct
Q. 6In a sole proprietorship, the __________ is entitled to any profits made by the firm but is also personally liable for all of the firm's debts or obligations.
a. Sole proprietor
b. CEO
c. Business manager
d. Corporate head
Q. 7__________ is an individual's personal responsibility for the debts or obligations of a business, using the personal assets of the business owner, such as a home, bank accounts, or other property, to pay the business obligations.
a. Corporate liability
b. Personal liability
c. Partnership liability
d. Shareholder liability
Q. 8A sole proprietorship is:
a. The simplest form of a business, in which one individual owns the business
b. A professional corporation
c. A complicated form of business where one individual owns the business, but
another receives the profits
d. None of these choices are correct