Krishna & Saurastri Associates Patent Paralegal Interview Questions and Answers

Supreme Court's decision on documentation for debt write-off impacts deduction eligibility.

• Supreme Court's decision requires documentation to prove debt write-off eligibility for deduction.

• Lack of proper documentation may result in disqualification for deduction.

• This decision aims to prevent fraudulent claims for debt write-off deductions.

• Examples of required documentation include loan agreements, repayment schedules, ...read more

Public companies are listed on stock exchanges and have shares available for public trading, while private companies are owned by a small group of individuals and do not have publicly traded shares.

• Public companies have shares that are traded on stock exchanges, allowing anyone to buy and sell them.

• Private companies are owned by a small group of individuals or a single entity, and their shares are not publicly traded.

• P...read more

ROFR gives the right to match an offer, while ROFO gives the right to make the first offer.

• ROFR (Right of First Refusal) allows the holder to match an offer before it is accepted by the seller.

• ROFO (Right of First Offer) gives the holder the right to make the first offer on a property or asset before it is offered to others.

• ROFR is reactive, triggered by an existing offer, while ROFO is proactive, allowing the holder t...read more

I have worked on various types of transactions including mergers and acquisitions, IPOs, debt financings, and private equity investments.

• Mergers and acquisitions

• Initial public offerings (IPOs)

• Debt financings

• Private equity investments

Insider trading is the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

• Involves buying or selling a security in breach of a fiduciary duty or other relationship of trust and confidence

• Based on material nonpublic information

• Illegal and unethical practice in the financial markets

• Examples include corporate executives trading based on nonpublic info

Rules governing internships vary by company and industry, but typically include guidelines on work hours, responsibilities, and conduct.

• Interns are usually expected to work a set number of hours per week, often between 10-40 hours.

• Interns are typically assigned specific tasks and projects to complete during their internship.

• Interns are expected to adhere to company policies and codes of conduct, including dress code an...read more