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Professional Ethics Exam 2 2024 Expected Questions and Answers (Verified by Expert)

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Professional Ethics Exam 2 2024 Expected Questions and Answers (Verified by Expert) Professional Ethics Exam 2 2024 Expected Questions and Answers (Verified by Expert) Professional Ethics Exam 2 2024 Expected Questions and Answers (Verified by Expert) Professional Ethics Exam 2 2024 Expected Questions and Answers (Verified by Expert) 1. Duty of Loyalty ANS a promise to always act in the clients best interest 2. Duty of loyalty cannot be interfered with by ANS - interest of other clients - personal interest of attorney - interests of third parties 3. Fiduciary ANS a person who acts on behalf of another and in the best interests of the other 4. Common law fiduciary duties ANS - loyalty - confidentiality - complete disclosure - reasonable care - account 5. Conflict ANS the possibility you will violate your duty of loyalty by using client confi- dential info in a way that can harm a current or former client 6. A conflict of interest exists if... ANS representation of one client is directly adverse to another client without that client's consent 7. Typical conflict of interest situations ANS - lawyer asked to simultaneously repre- sent 2 or more clients with conflicting interest - attorney asked to successively represent interest of client whose interest conflict with former client - attorney enters into certain personal business that conflicts with interest of a client 8. If you represent A in A's lawsuit against B, you can concurrently represent B T or F ANS False, you can not concurrently represent B for any needs, you must remain loyal to A 9. Sequential Representation Conflict ANS Once you have client A confidential info you can never represent anyone against A 10. It is okay to switch loyalties so long as the previous representation is not substantially related to the present one T or F ANS True, it is the substantially related test 11. Paralegals and lawyers are both treated the same when it comes to con- flicts of interest T or F ANS True 12. If you have A's confidential info and change jobs, you can still take a job with a firm that has any occasion to use A's info against him T or F ANS False, that conflict would lead to disqualification 13. Conflict exists if you represent A and then move to another firm that also represents A T or F ANS False, conflicts require an adverse position 14. How to avoid conflicts ANS - keep track of each client/case/matter you work on - keep track of what you did on each case - keep written records 15. Typical Concurrent Rep Issues ANS seller - purchaser husband - wife debtor - creditor insured - insurer joint rep of criminal defendants 16. Representation of Corporations ANS - is not representation of the individuals who work for or run the entity - conflict arises from the confidences of the corporation 17. A corporation is its own legal entity T or F ANS True

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Professional Ethics Exam 2 2024 Expected Questions and

Answers

(Verified by Expert)




1.Duty of Loyalty ANS a promise to always act in the clients best interest

2.Duty of loyalty cannot be interfered with by ANS - interest of other

clients

- personal interest of attorney

- interests of third parties

3.Fiduciary ANS a person who acts on behalf of another and in the best

interests of the other

4.Common law fiduciary duties ANS - loyalty
1/
22

,- confidentiality

- complete disclosure

- reasonable care

- account

5.Conflict ANS the possibility you will violate your duty of loyalty by

using client confi- dential info in a way that can harm a current or

former client

6.A conflict of interest exists if... ANS representation of one client is

directly adverse to another client without that client's consent

7.Typical conflict of interest situations ANS - lawyer asked to

simultaneously repre- sent 2 or more clients with conflicting interest

- attorney asked to successively represent interest of client whose

interest conflict with former client

- attorney enters into certain personal business that conflicts with

interest of a client

8.If you represent A in A's lawsuit against B, you can concurrently

represent B

T or F ANS False, you can not concurrently represent B for any needs,

you must remain loyal to A
2/
22

, 9.Sequential Representation Conflict ANS Once you have client A

confidential info you can never represent anyone against A

10.It is okay to switch loyalties so long as the previous representation is

not substantially related to the present one

T or F ANS True, it is the substantially related test

11.Paralegals and lawyers are both treated the same when it comes to

con- flicts of interest

T or F ANS True

12.If you have A's confidential info and change jobs, you can still take a

job with a firm that has any occasion to use A's info against him

T or F ANS False, that conflict would lead to disqualification

13.Conflict exists if you represent A and then move to another firm that

also represents A

T or F ANS False, conflicts require an adverse position




3/
22

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