A solicitor acts for a client on a probate transaction. The solicitor sends the client a bill for professional charges and disbursements incurred, as follows:Professional Charges £3.000VAT £600Company search charge (already paid by the firm) £100Sum to be held on account for inheritance tax £15,000The client sends the solicitor a cheque for £18,700.Which of the following statements is correct concerning the cheque the solicitor received from the client?
A、£15100of the money received is client money, theremaining amount of £3,600 is business money.
B、 The entire amount of the cheque must be placed in the business account
C、 The entire amount of the cheque is business money.
D、£15,000 of the money received is client money, the remaining amount of £3,700 is business money.
E、The entire amount of the cheque is client money
发布时间:2025-07-19 20:45:08