Podcast
Questions and Answers
What is the primary role of a transactional lawyer?
What is the primary role of a transactional lawyer?
- Drawing up documents to achieve desired effects for clients (correct)
- Acting as reputational intermediaries
- Providing legal opinions to the buyer and the seller
- Verifying information at minimal cost
In a corporate acquisition agreement, what do the transaction costs mainly arise from?
In a corporate acquisition agreement, what do the transaction costs mainly arise from?
- Disagreement about the size and risk of future income
- Verifying information at minimal cost
- Costs of acquiring information for the parties (correct)
- Legal opinions provided by seller's counsel
In the context of law-as-engineering, what does the design of new devices involve?
In the context of law-as-engineering, what does the design of new devices involve?
- Acting as reputational intermediaries
- Providing legal opinions to the buyer and the seller
- Drafting contracts for corporate acquisitions
- Creating innovative legal solutions to address specific needs (correct)
What is the purpose of a scrip dividend as an example of a new legal device?
What is the purpose of a scrip dividend as an example of a new legal device?
What is the main focus of lawyers as cost engineers in the context of a corporate acquisition agreement?
What is the main focus of lawyers as cost engineers in the context of a corporate acquisition agreement?
What is the primary role of lawyers in facilitating business transactions?
What is the primary role of lawyers in facilitating business transactions?
In a corporate acquisition agreement, what primarily leads to transaction costs?
In a corporate acquisition agreement, what primarily leads to transaction costs?
What is the main focus of lawyers as cost engineers in a corporate acquisition agreement?
What is the main focus of lawyers as cost engineers in a corporate acquisition agreement?
In the context of law-as-engineering, what does the design of new legal devices involve?
In the context of law-as-engineering, what does the design of new legal devices involve?
What is the primary role of a transactional lawyer?
What is the primary role of a transactional lawyer?
