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Your supervising attorney has a client, Sarah Delbarton, who has four children (Amy, age 12; Clara, age 8; Reginald, age 6; and Hugo, age 5).

Your supervising attorney has a client, Sarah Delbarton, who has four children (Amy, age 12; Clara, age 8; Reginald, age 6; and Hugo, age 5). Ms. Delbarton, a single mother, travels extensively on business. Ms. Delbarton is in the process of hiring a tutor to teach her children. The tutor will receive room and board, a salary, and insurance benefits. The tutor will have a three-month probationary period, after which will begin a one-year term. Ms. Delbarton would like an option to renew for an additional year. After the renewal year, the parties will be free to renegotiate the contract. The household staff includes a housekeeper, a nanny, a cook, and a gardener. Ms. Delbarton would like your law firm to identify the appropriate person, conduct the initial interview to screen applicants, complete the necessary background check, and prepare the necessary documents. Ms. Delbarton, however, would conduct the final interview and make the selection. Ms. Delbarton would like to remain anonymous until the final interview.

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Draft an offer in letter form. Do you want this offer to be a totalintegration of the terms of the proposed contract or only apartial integration so some terms will be in the writing andothers will be supplied orally?

QUESTIONS

DISCUSS;

1. What effect do some environmental laws have on businesses?

A. Limit equipment purchases C. Control exterior landscapes

B. Require more employees D. Increase operating costs

2. Limited liability is a characteristic of what form of business ownership?

A. Sole proprietorship C. Corporation

B. Partnership D. Joint proprietorship

3. An important purpose of full-disclosure laws and regulations is to

A. provide information to investors so they can make informed decisions.

B. allow company employees to use inside information for personal gain.

C. require companies to disclose all information about their operations.

D. prevent a stock's par value from dropping below its market value.

4. Which of the following has the fiduciary responsibility to make decisions on behalf of a company's

shareholders:

A. The municipal court system C. The company's line staff

B. The industry's professional organization D. The corporation's board of directors

5. Which of the following is an estate-tax deduction:

A. Property passing directly to the surviving spouse

B. Valuable art and collectibles left to children

C. Charitable contributions that are unqualified

D. Money left to friends or distant relatives

6. Last year, Mr. McKinney gave a portion of his wages to a local charity and was not required to pay taxes

on the amount of his donation. This is an example of a(n)

A. investment disbursement. C. tax-deferred investment.

B. estate allocation. D. tax deduction.

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