The Following Data Have Been Taken from Your Company's Financial

question 36

Multiple Choice

The following data have been taken from your company's financial records for the current year: The price-earnings ratio is

• A)10.2.
• B)6.9.
• C)1.5.
• D)15.3.

---

Definitions:

Duty of Competence

An ethical obligation requiring lawyers to possess the knowledge, skill, and ability necessary to represent their clients effectively.

Client Confidentiality

A legal principle that obligates attorneys to keep their clients' information private and not disclose it without consent.

Attorney-Client Relationship

A professional relationship in which an attorney is hired and provides legal advice or representation to a client, featuring confidentiality and loyalty.

Ethical Responsibilities

Obligations to act in a morally sound manner, following established codes of conduct, especially within professional settings.