Trust account funds can be used to _______________________.
A) pay for law office rent
B) pay the law office for fees that have now been earned
C) pay for staff payroll if the staff members worked on the client's case
D) make a deposit into the law office operating account if the funds will be repaid
E) none of the above
Correct Answer:
Verified
Q11: Lawyers may share fees with other professionals,
Q12: Match the followings.
Q13: When drafting an expense budget, such as
Q14: Match the followings.
Q15: When parties agree to resolve a case,
Q17: Estimates of how many employees will be
Q18: In addition to having a trust account,
Q19: Law offices can protect client funds by
Q20: Match the followings.
Q21: What is a trust account?
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