Long-term liabilities are debts that will be paid at least three years into the future

Indicate whether the statement is true or false.

Answer: FALSE

Business

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A paralegal should maintain a list of clients and types of cases represented:

A) to maintain a conflict check. B) to solicit clients if freelance work becomes an employment option. C) to solicit clients if employment with another law firm occurs. D) to ensure the accuracy of the billing sent to the clients.

Business

If Bob holds a life estate and sells it to Sally, the life estate will terminate upon Sally's death

Indicate whether the statement is true or false

Business