Planned rationing, also known as supply-side rationing, is a practise typically used by governments to control access to expensive medical equipment and services.
Planned rationing, often referred to as supply side rationing, entails steps like licensing hospital beds, regulating the medical device and pharmaceutical industries, limiting enrollment in nursing and medical schools, and only offering some immunisations at no cost. Medical technology and pharmaceutical market regulation, admission restrictions to nursing and medical schools, the provision of just a limited number of immunisation vaccinations without charge, hospital bed licencing, and other strategies are examples of supply-side rationing methods.
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Product costs set a(n) ________ to a product's price.A) demand curveB) floorC) ceilingD) break-even costE) experience curve
Product costs set a (B)floor to a product's price.
Costs establish the minimum price that the business can charge. Cost based pricing, then, entails determining prices based on what it will cost to manufacture, distribute, and market the good. A reasonable rate of return is added in order to generate some profit in order to cover costs and risks.
Setting prices in accordance with the costs of production and distribution is referred to as cost-based pricing. The cost-plus pricing strategy and the break even pricing strategy are the two cost based pricing techniques. The cost-plus pricing approach works by raising the total cost of production by a predetermined markup.
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Who would benefit from a balloon mortgage?
A balloon mortgage is a type of mortgage where a large portion of the loan balance is due at the end of a shorter term, typically 5-7 years
A balloon mortgage may benefit individuals or investors who:
Expect to have the funds to pay off the remaining balance on the mortgage within a relatively short period of time, usually five to seven years.Anticipate significant increases in their income or investments that will enable them to pay off the mortgage balance.Need a lower monthly mortgage payment to free up funds for other expenses or investments.Are comfortable with the risk that if they are unable to pay off the balance at the end of the term, they will have to refinance at potentially higher interest rates.Are looking to purchase a property for a short-term investment or flip.Know more how balloon mortgage may benefit individuals - https://brainly.com/question/14388610
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A balloon mortgage is a form of mortgage in which a sizable percentage of the loan total is payable at the conclusion of a shorter term, often 5-7 years.
What are balloon mortgage's advantages?In a very short length of time, often five to seven years, you should have the money to pay off the mortgage's outstanding sum.
They should expect considerable gains in their earnings or the value of their investments, which will allow them to pay the balance of their mortgage.
Want to free up money for other expenses or investments by having a smaller monthly mortgage payment.
Are ready to accept the possibility that they may need to refinance at a rate that is possibly higher if they are unable to pay off the sum at the end of the term.
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on an annual basis, the per capita electricity usage in ethiopia is approximately what percent of the per capita electricity usage in the united states?
on an annual basis, the per capita electricity usage in ethiopia is approximately percent of the per capita electricity usage in the united states 0.2
The group of natural events collectively referred to as electricity are those that are associated with the presence and motion of matter that carries an electric charge. The phenomena of electromagnetism, which has both magnetism and electricity as components, is described by Maxwell's equations. Electricity is a component of many common phenomena, including lightning, static electricity, electric heating, electric discharges, and many more.Existence of an electric charge—which could be positive or negative—creates an electric field. Magnetic fields are also produced by electric current, which is the result of moving electric charges.When a charge is placed in an area with an electric field that is not zero, a force will be exerted on it. Coulomb's law states that this force has a specific magnitude.
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Why is it important to reflect on past experiences?
Reflection allows our brain to halt in the middle of turmoil, to sort through and reflect about our observations and experiences, and to interpret our history to provide fresh meaning for the future.
How does experience affects the goals?Examine it. It may begin to feel like a history class when studying the past. Your goal, though, is not to pass a test or remember a bunch of dates. Rather, whether you're researching a great leader, the history of a country, or the evolution of your sector, your goal is to immerse yourself in the story to understand what happened and what you can learn from it. When studying in this manner, both the specifics and the context become more valuable. Play it again. Replaying a situation is not the same as simply reflecting on it. Try stepping back through the incident as if you were reliving it, but with the knowledge and perspective you now have after the fact. This replay enables the new perspective and expertise to assist you in considering how you might handle things differently or better the next time a comparable issue arises.
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Which is better command or market economy?
Answer:
The rate of economic growth is high in the market economy, as compared to the command economy, which can be seen in their standard of living. When it comes to income distribution, in a market economy, there is an unequal distribution of income while the command economy has an equal distribution of income.
Explanation:
Which of the following represents a long-run adjustment? a. the hiring of four additional cashiers by a supermarket b. a cutback on purchases of coke and iron ore by a steel manufacturer c. construction of a new assembly-line plant by an automobile manufacturer d. the extra dose of fertilizer used by a farmer on his wheat crop
The correct response is c. construction of a new assembly line plant by an automobile manufacturer.
An assembly line is a manufacturing procedure (often referred to as a progressive assembly) in which parts (typically interchangeable parts) are added as the partially finished assembly is transported from workstation to workstation, where the parts are added in order until the final assembly is produced. A final product can be assembled more quickly and with less labour by mechanically moving the pieces to the assembly task and moving the partially completed assembly from work station to work station. This is in contrast to having employees transport the parts to a stationary piece for assembly. Many complicated things, including cars and other forms of transportation, home appliances, and electronic goods, are put together using assembly lines. Assemblers are the individuals in charge of the production on an assembly line.
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The aggregate demand represents total spending on
Select one:
O a. a nation's domestic output of goods and services
O b. the total supply of domestic and imported goods
O c. a nation's total budget
O d. total imported goods
The aggregate demand represents total spending on O b. the total supply of domestic and imported goods
Demand in economics refers to the quantity of a good that consumers are willing and able to purchase at various prices during a particular time. [1] The link between price and quantity demand is sometimes referred to as the demand curve. A product's demand is influenced by a number of variables, such as perceived need, price, perceived quality, convenience, alternatives provided, customer preferences, and available funds. How much was paid for the good? The fundamental connection between supply and demand is determined by the potential price of a good and the quantities that would be purchased at those levels. Since the relationship is frequently negative, a rise in price will usually cause a decrease in the quantity demanded.
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Use the long-run average total cost(LRATC) curve below to answer the 3 multiple choice questions.
1) As the firm moves from point A toward point B, They are experiencing :
- Constant returns to scale
- Diseconomies of scale
- economies of scale
2) As the firm moves from point B toward point C, They are experiencing :
- Constant returns to scale
- Diseconomies of scale
- economies of scale
3) As the firm moves from point C toward point D, They are experiencing :
- Constant returns to scale
- Diseconomies of scale
- economies of scale
1) Economies of scale 2) Diseconomies of scale 3) Constant returns to scale
are the 3 conditions that are being dealt with.
Diseconomies of scale occur when a corporation or business expands to the point that the expenses per unit increase. It occurs when a company's economies of scale no longer operate. With this theory, rather than enjoying continuous lowering costs and growing production, a business experiences an increase in costs when output is raised. However, if it takes one person to run a machine and 50 machines are added to the warehouse, there is a significant likelihood that these 50 new employees will get in each other's way and make it more difficult to generate the same amount of production per hour. This raises costs while decreasing production.
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If a monopolist's marginal costs increase by $1 for all levels of output, then the monopoly price will
If a monopolist's marginal costs increase by S1 for all levels of output, then the monopoly price will rise by less than $1.
What is a monopoly price?
A monopoly determines monopoly prices. By examining the marginal revenue and marginal expenses of producing an additional unit, a monopolist can estimate the price and quantity that will maximize its profits. Price and marginal cost are equal in a market with competition (P = MC). The company should produce an additional unit if the marginal revenue is greater than the marginal cost. This idea is based on two fundamental tenets. One presumption is that monopolists operate profitably and manufacture goods effectively. Furthermore, when a monopolist switches from a single-price monopoly to complete price discrimination, monopoly profit will decline.
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Widely used allocation bases in manufacturing companies, include all of the following, except:
Multiple Choice
O direct labor hours
O machine hours
O product revenue
O direct labor costs
The correct response is c. product revenue. All of the following are commonly used allocation bases in manufacturing businesses, with the exception of product revenue.
Product Revenue: The percentage of total revenue that each particular product contributes. All of the money made from actual product sales is referred to as sales revenue. Before taking into account any related costs or refunds, this is the total gross sales for the time period. It should be the first line in the revenue section and should include all of the sales for the given reporting period, whether they were cash or on account. Revenue is the entire amount of money made through the sale of products or services related to a business's core operations.
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An adjusting entry that credits Salaries Payable is an example of a(n) ________.
A. accrued expense
B. deferred expense
C. deferred revenue
D. accrued revenue
E. None of the above
An adjusting entry that credits Salaries Payable is an example of a(n) A. accrued expense.
An adjusting entry is an accounting entry that is used to recognize events that occurred before the end of the accounting period.
An adjusting entry that credits Salaries Payable is an example of an accrued expense. This type of entry is used to recognize an expense that is incurred during the current period but not yet recorded in the books.
It is important to record this type of expense as it will affect the accuracy of the financial statements.
Accrued expenses are commonly seen in payroll and accounts payable and can help to ensure that the company's financial statements remain accurate.
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What are the 2 purposes for economic models?
Models are mostly used for two things simulating and forecasting (e.g., how will the world change in relation to a counterfactual if we assume a change in this or that variable).
What do economic models serve as?
Economic models are fundamentally used to understand and forecast economic phenomena. The premise that everything else is constant is known as ceteris paribus.
What economic model is most popular?
The supply and demand model is one of the best-known and most well-known examples of an economic model. According to the model, a product's price will rise as demand increases but fall when supply does.
Furthermore, it asserts that prices will rise and vice versa as consumer demand for a given good rises.
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A debit entry is always an increase in the account. (True or False)
This statement is True. A debit entry will increase the balance of an asset or expense account, causing the account balance to increase. On the contrary, a credit entry reduces the account balance.
A debit entry adds to the account and a credit entry decreases it. Debit entries are used to record transactions such as sales, purchases and payments. When a customer purchases a product or service, a debit entry is made to record the sale. Similarly, when a purchase is made, a debit entry is made to record the purchase. After the payment is made, a debit entry is made to record the payment. In conclusion, debit entries are always an increase in the account balance and are recorded on the left side of the ledger.
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What is the purpose of world trade organizations to all the countries when it comes to globalization and give example?
The purpose of the world trade organizations to all the countries when it comes to globalization is to set rules for trade. For example, the making of tariffs for international marketing.
The World Trade Organization (WTO) is an international body that sets the rules for global trade between countries.
It provides a platform for countries to negotiate trade agreements and settle disputes between each other, which helps to maintain a stable global economic system. WTO agreements aim to promote free and fair trade, reduce tariffs, and eliminate trade barriers such as quotas or subsidies.
This helps to ensure that all countries have access to global markets, allowing them to benefit from increased trade and economic development.
For example, the WTO's General Agreement on Tariffs and Trade (GATT) was signed in 1994, which resulted in the removal of many of the trade restrictions between countries, leading to a more open, global economy.
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Business organizations consist of three major functions which, ideally:
A. support one another
B. are mutually exclusive
C. exist independently of each other
D. function independently of each other
E. do not interface with each other
Business organizations consist of three major functions which, ideally support one another. Thus, option A is the correct answer.
What is an business organization?A business organisation is a legal entity formed to conduct commercial enterprise. This type of organization is based on legal systems that govern contract and exchange, property rights, and incorporation.
A company's three primary functions are finance, marketing, and production. Each analysis or decision can be said to support the decision of the others
Therefore, the three major functions ideally support one another.
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How does a command economy answer the economic question what to produce?
A command economy is a profitable system in which the government, or the central diary, determines what goods and services should be produced, the force that should be produced, and the price of goods and services.
In a command economy, the government owns some or all of the diligence that produces goods and services. The government makes opinions regarding pricing and product. Government agencies decide on products in a command frugality.
They pick the goods that are most socially effective to produce. In a command frugality, what goods and services are produced, how they're produced, and for whom they're produced are all questions answered by government planning. The government makes profitable opinions for the good of society.
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in general, banks would prefer to acquire funds quickly by ________ rather than ________.
In general, banks would prefer to acquire funds quickly by the fed rather than the reduction of loans.
A sort of investment known as a fund gathers money from numerous investors. The funds are then invested in a range of stocks and bonds by fund managers. A percentage of the holdings in the fund are divided among each investor in the form of units.
Banks, and never the people, own stock within the Federal (Fed) Reserve Banks. National banks are obligated by federal law to be the Federal Reserve System participants and to own a specific percentage of the Reserve Bank's shares in the Fed Reserve area in which they are situated.
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Who are our customers? What are our major products or services? In what geographic areas do we compete?" A good will answer these questions. O Code of ethics O Management belief statement O value pack O Mission statement O Vision Statement
A good mission statement is able to answer the questions like: "Who are our customers? What are our major products or services? In what geographic areas do we compete?"
Mission statement is a small statement issued by the company that depicts the goals and working of the company. It explains the reason for the existence of the company and how is it different from the other companies of same category in the market.
Customers are the potential users of any company or entity who purchase the goods or services provided by the company in exchange of money. Customers are the sole reason for the existence of any organization.
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If the dollar appreciates relative to foreign currencies, we would expect: A. the multiplier to decrease. B. a country's exports and imports to both fall. C. a country's net exports to rise. D. a country's net exports to fall.
Option D is correct. If the dollar appreciates against its foreign currency, the country's net exports are expected to decline.
Increased export costs: If the US dollar rises, foreigners will find US goods more expensive. This means that higher prices will likely reduce the number of U.S. goods exported.
For the US, a stronger dollar makes US exports more expensive and US imports cheaper. This is one reason why the US current account deficit (the broadest measure of exports minus imports, including goods and services) has deteriorated again since 2019. When the exchange rate of one country rises relative to the exchange rate of another country, the prices of goods and services in that country increase. Imported goods are cheaper. Ultimately, this may reduce the country's exports and increase its imports. When the exchange rate changes, one currency appreciates and the other currency depreciates.
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What is step 4 of the steps for effective investment planning?
Evaluating alternatives is step 4 of the steps for effective investment planning
The internet, financial institutions, professionals, and media sources can all be used to help you make financial decisions. Recognize the opportunity costs associated with your decisions. Interest rates, inflation, people, income, and liquidity are all risk factors. A more comprehensive approach is typically required when comparing alternative investment options to their conventional counterparts. Alternatives frequently perform differently than stocks, bonds, or cash. Additionally, there are specific due diligence requirements for each alternative investment that prospective investors must meet.
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What tools and methods can an organization use to reduce these threats and attacks from getting into their employees Web browsers?
Install Surge Protectors & Uninterruptible Power Supplies. Install & Activate Software and Hardware Firewalls. Set up Web & Email Filters. Use Encryption for Sensitive Business Information. Train Your Employees.
What are Web browsers?Web browsers are programs used to access websites. The browser obtains the page's files from a web application and then shows the page on the computer device when they request a web page from a certain website. On a variety of gadgets, such as PCs, laptops, tablets, and smartphones, browsers are used. An estimated 4.9 billion people utilized browsers in 2020. With a 65% worldwide market share across all devices, US browser is the most popular browser, followed by Safari with 18%. Despite the fact that they are sometimes mistaken, a web browser and a search engine are not the same thing. A website that offers links to other sites is referred to as a search engine.
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Cost is a measure of the Select one a. seller's wilingness to sell. b. seller's producer surplus c. producer shortage d. seller's willingness to buy On a graph, the area below a demand curve and above the price measures Select one a. producer surplus b.consumer surplus c. deadweight loss. d. willingness to pay.
Cost is a proportion of the Select one a. seller's willingness to sell. It estimates the open-door cost or the worth surrendered by the vendor to sell their products. It incorporates the expense of creation, their intent for creation, the cost of the unrefined components and so o,n.
The money-related labor and products that makers and customers buy. In a fundamental financial sense, the cost is the proportion of the elective open doors predestined in the decision of one great or action over others,
Measure Cost implies the cost of a Qualified Measure, including the expense of establishment, reflected in the relevant Work Request.
Hence option (A) is correct.
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Which of the following are included in compensation of employees? Payments by employers into social insurance for employees Wages and salaries O Payments by employees into private pension plans Payments by employers into private pension plans for employees
The statement that are included in compensation of employees is D. Payments by employers into private pension plans for employees.
What is Compensation of employees?The total remuneration, whether in cash or in kind, that an organization pays an employee in exchange for labor performed by the latter during the accounting period is referred to as employee compensation.
Employee compensation is a statistical word used in balance of payments statistics, national accounts statistics, and occasionally corporate accounting as well. Basically, it refers to the total gross salaries paid by employers to workers for work completed within an accounting period, such a quarter or a year. Compensation is the sum of an employee's salaries, wages, and benefits in exchange for doing a specific job. It might consist of an annual salary or hourly pay together with incentives, benefits, and bonus payments.
Therefore, option D is correct.
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the balance sheet of a ________ company will include work-in-process inventory as a line item.
The balance sheet of a manufacturing company will include Work-in-Process Inventory as a line item. In order to put the completed product together, manufacturing companies require these raw materials, components.
Three alternative manufacturing production models exist. The first is make-to-stock (MTS), a conventional manufacturing method that relies on past sales data to anticipate demand and make appropriate plans. Businesses that employ these raw materials, pieces, and components to put the completed product together are known as manufacturing company . Customers can request customized items using the make-to-order (MTO) marketing tactic. Although there is minimal to no risk of having too much inventory, the procedure starts as soon as the order is received, thus the waiting period may be longer. The last option is make-to-assemble (MTA), which depends on demand projections to stock product components. But unlike MTS and MTO, the assembly doesn't start until the order is placed, giving it a good medium ground.
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A resource is anything that:
A. can be consumed.
B. you pay for.
C. is in scarce supply.
D. can be used in production.
A resource is anything that can be used in production.
The process of combining multiple inputs, both tangible and intangible, to produce an outcome is called production. In a perfect world, this outcome would be a product or service that is useful and valuable to others.
The efficient use of the original inputs leads to the production process and the results. Land, labor, and capital are considered as the three essential components of production and are considered the main producers of goods or services. The output process and the final product do not significantly alter these essential inputs or make them integral parts of the final product.
Hence the correct option is D
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The style of leadership that Kari is exhibiting is likely to: The style of leadership that Kari is exhibiting is likely to: ensure that the organization is financially stable. stifle innovative thinking about ways to move out of financial jeopardy.
The leadership style that adopted by Kari will c. Lead to apathy and disinterest in the organizational goals. That's because Kari tends to push and doesn't discuss with its members, only decides things unilaterally.
Leadership generally can be defined as the ability of an individual, group or organization to "lead", entire organizations, influence or guide other individuals or team. There are several types of leadership, such as Autocratic leadership, Laissez-faire leadership, Transformational leadership, and also Democratic leadership. Also there are several keys of leader, such as Excellent communication, Honesty, Creativity, Confidence.
Kari, a head nurse on the dialysis unit, has been informed during budget planning meetings that budget cuts are likely. She discusses this at the next unit meeting and tells staff members that unless they do their jobs well, their positions may be terminated, and there will be no replacement.
The style of leadership that Kari is exhibiting is likely to:
a. Ensure that the organization is financially stable.
b. Stifle innovative thinking about ways to move out of financial jeopardy.
c. Lead to apathy and disinterest in the organizational goals.
d. Lead to decreased attrition of staff on her unit.
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Which of the following is the put-call parity result for a non-dividend-paying stock?
Group of answer choices
A. The European put price plus the European call price must equal the stock price plus the present value of the strike price
B. The European put price plus the present value of the strike price must equal the European call price plus the stock price
C. The European put price equals the European call price.
D. The European put price plus the stock price must equal the European call price plus the strike price
E. The European put price plus the stock price must equal the European call price plus the present value of the strike price
Following is the put-call parity result for a non-dividend-paying stock
A. The European put price plus the European call price must equal the stock price plus the present value of the strike price.
In the financial sector, all of the shares that make up a corporation's or company's ownership are referred to as stock, sometimes known as capital stock. [1] Shares are frequently referred to as "stocks" in English, particularly American English. [1] [2] Each share of stock represents a relatively tiny percentage of ownership in the company based on the total number of shares. The shareholder (stockholder) will then ordinarily be entitled to that portion of the company's earnings, proceeds from the sale of company assets, or voting rights, with these rights frequently being distributed in proportion to the amount of money each stockholder has invested, after paying off all senior claims, such as secured and unsecured debt.
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In business relations, all of the following are influenced by our personal ethics except which one job titles, thoughts, actions, words, and behavior.
In business relations, all of the following are influenced by our personal ethics except Job titles .
In a perfect world, businesses would reconcile social duty with revenue. An internal assessment of a company's social impact is called a social audit. The Fundamental Ethics Principles.
The practice of ethics in business is known as business ethics. The application of general ethical principles to corporate action is known as business ethics. Ethical corporate conduct supports and facilitates social good, increases profitability, fosters business relationships, and increases employee productivity.
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Which of the following is an example of nonpoint source pollution? Question 1 options: untreated sewage underground storage tanks fertilizer runoff wastewater
Nonpoint sources of pollution include things like oil, pet waste, pesticides, herbicides, fertilisers, road salt, bacteria, silt, and any other contaminants that wind up on the ground either naturally or as a result of human activity.
Why is pollution a problem?
Both in urban and rural areas, pollution exacerbates poverty and inequality while obstructing economic growth and accelerating climate change. Since they cannot afford to protect themselves from the harmful effects of pollution, the poor always suffer the most.
As the use of single-use plastics has proliferated around the world, the issue of plastic pollution on land and in the oceans has gotten worse. A greenhouse gas air pollution is also present.
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What are five 5 ways of maintaining confidentiality?
Following ways to maintain confidentiality:
Ensuring that delicate interactions take place exclusively in private settings.
Only required and relevant information is recorded and accessed.
Changing log-ins and passwords as needed and maintaining IT security procedures and applications up to date.
What do you mean by confidentiality?
Confidentiality refers to a set of rules or a pledge generally carried out through confidentiality agreements that limit access to or prohibit particular information. Lawyers are frequently compelled by law to keep information relevant to a client's representation secret. The obligation of secrecy extends well beyond the attorney-client evidentiary privilege, which solely applies to conversations between the attorney and the client. Both the privilege and the responsibility are intended to encourage clients to talk openly about their issues. This allows attorneys to fulfill their obligation to offer clients, aggressive counsel.
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