SOLICITORS ACCOUNTS EXAM 3 QUESTIONS WITH CORRECT ANSWERS
12.8 CORRECT ANSWER Money held or received on behalf of the principal is office money 12.8(b) CORRECT ANSWER If partner buying jointly with spouse then client account 12.8(a) CORRECT ANSWER If partner buying using mortgage and firm instructed by mortgage lender then client account 12.8(c) CORRECT ANSWER If partner acting for employee then client account Money received from client on account of costs CORRECT ANSWER Client money 12.2(e) Money received in respect of unpaid disbursement CORRECT ANSWER Client money 12.2(d) 12 GN 17 GN Money held as trustee CORRECT ANSWER Client money 12.2(a) Disbursements already paid CORRECT ANSWER Office money 12.7(c)(ii) Disbursements incurred but not yet paid CORRECT ANSWER Office money
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- SOLICITORS ACCOUNTS
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- SOLICITORS ACCOUNTS
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- February 7, 2023
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- Questions & answers
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128 correct answer money held or received on behalf of the principal is office money 128b correct answer if partner buying jointly with spouse then client account 128a correct answer if partn
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