Huggins company has the following information at december 31, 2018 related to its pension plan: projected benefit $5,000,000accumulated benefit ,000,000plan assets (fair ,440,000accumulated oci (,000the amount of pension asset / liability huggins company would recognize at december 31, 2018 is1. pension liability of $1,000,000.2. pension liability of $375,000.3. pension asset of $440,000.4. pension asset of $1,440,000.

Clara client has just been presented with a standard representation agreement by the law firm of yatz & berger. clara's first language is german. although she speaks and reads everyday english quite well, the legal terms in the contract confuse her. yatz & berger should question 90 options: have someone in the firm, if possible, or a translator from outside of the firm, explain the terms of the contract thoroughly until clara has a full and complete understanding of its terms. advise clara to take the contract home and study it before signing it. have a paralegal explain the most important clauses in the contract to clara in smaller, plain english words. advise clara to sign the contract and take her copy home for study.