A Situation in Which Two or More Duties or Interests

question 157

Multiple Choice

A situation in which two or more duties or interests come into conflict is a definition of which of the following legal ethical rules?

• A) Client confidentiality
• B) Attorney-client privilege
• C) Duty of competence
• D) Conflict of interest

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Definitions:

National Saving

The total of private and public savings in a country, often considered as the sum of household, business, and government savings.

Domestic Investment

This refers to the total amount of money invested within a country's own borders by both private and public sectors.

Foreign-Currency Exchange

The act of exchanging one country's currency for another's, influencing international trade and economic relations.

Exchange Rate

The price of one country's currency in terms of another currency, determining how much foreign currency can be obtained with a certain amount of domestic currency.