A sole proprietorship combines the benefits of both a partnership and a professional corporation.

Question 1.1. The legal team consists of __________________. (Points : 1)

clerks
legal assistants
expert witnesses
attorneys
all of the above

Question 2.2. An attorney who shares in the profits or losses of a law firm that is a professional corporation is called a(n) ___________________. (Points : 1)

nonequity partner
partner
shareholder
“of counsel”
contract attorney

Question 3.3. A position found in larger firms that usually requires a college business degree, where the position is responsible for some kind of law office system, is called a ____________. (Points : 1)

partner
law office administrator
office manager
expert witness
legal assistant manager

Question 4.4. The Fair Labor Standards Act ___________________. (Points : 1)

sets standards regarding who can be hired by employers
sets minimum wage and overtime pay requirements
identifies standards regarding unions
establishes fairness standards regarding how employers must treat employees
none of the above

Question 5.5. The function of a private law firm, like any business, is to ________________. (Points : 1)

operate at a profit and earn money for its owners
give back to the community
provide for its employees
b and c
none of the above

Question 6.6. According to the text, legal assistants are ________________ for law offices. (Points : 1)

unprofitable
profitable
a breakeven proposition
a and c
none of the above

Question 7.7. _________________________ handle a variety of legal matters/cases in such areas as contracts, labor relations, employee benefits, federal tax law, intellectual property, environmental law, general litigation, SEC (Security Exchange Commission) filings, general litigation, real estate law, and workers’ compensation claims. (Points : 1)

Legal aid/services clinics
Boutique firms
Corporate law departments
a and b
none of the above

Question 8.8. According to the text, through 2012 the legal assistant occupation is projected to_______________. (Points : 1)

grow slower than the average for all occupations
remain flat compared to the average for all occupations
grow faster than the average for all occupations
all of the above
none of the above

Question 9.9. Although legal assistants may perform many tasks, they are prohibited from giving legal advice to clients. (Points : 1)

True
False

Question 10.10. A sole proprietorship combines the benefits of both a partnership and a professional corporation. (Points : 1)

True
False

Answer preview to A sole proprietorship combines the benefits of both a partnership and a professional corporation.

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A sole proprietorship combines the benefits of both a partnership and a professional corporation.