You Begin Dating an Attorney Who Is Representing Mr

question 86

Multiple Choice

You begin dating an attorney who is representing Mr. Jones in his divorce case. Mrs. Jones then approaches your supervising attorney about representing her against Mr. Jones. You should take which action?

• A) Alert your supervising attorney to your relationship with Mr. Jones's attorney and the possible conflict-of-interest situation it creates.
• B) Say nothing because personal relationships should not affect your work.
• C) Break up with Mr. Jones's attorney.
• D) Alert your supervising attorney to your relationship with Mr. Jones's attorney and the possible conflict-of-interest situation it creates and break up with Mr. Jones's attorney.

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Definitions:

Lemons Problem

A market problem where the quality of goods cannot be accurately determined by the buyer due to asymmetric information, leading to an overall decline in product quality.

Adverse Selection

A scenario where one participant in a transaction possesses superior or more information than the other, frequently resulting in a disadvantageous result for the party with less information.

Screen

In technology, it refers to the display area of electronic devices where images, text, and videos are shown.

Adverse Selection

A situation where unfair advantage is taken of a transaction due to asymmetric information between buyers and sellers.