Rule 16 of the Model Rules Provides an Exception to the the Confidentiality

question 99

Essay

Rule 1.6 of the Model Rules provides an exception to the confidentiality rule in that a lawyer may disclose a client's confidential information when it is necessary to prevent harm to persons or property. Describe the four exceptions to the confidentiality rule related to this purpose.

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Definitions:

Stock

A type of security representing ownership in a corporation and a claim on part of the corporation's assets and earnings.

Term

In finance, it refers to the length of time until a loan's maturity. In general, it can mean a period or condition stipulated in an agreement.

Higher Rate

A term that generally indicates a rate (of interest, tax, etc.) that is above the normal or average level.

Capital Goods

Long-term assets that are used in the production of other goods and services, such as buildings, machinery, and equipment, which are not consumed in the production process.