An Attorney's Conduct Is Governed by Rules of Professional Conduct

question 40

Multiple Choice

An attorney's conduct is governed by rules of professional conduct established by the state in which he or she is licensed, and the Model Rules of Professional Conduct of

• A)the Securities and Exchange Commission.
• B)the American Bar Association.
• C)the American Law Institute.
• D)the International Professional Standards Board.

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Definitions:

Legal Entity

An organization that has legal rights and obligations, including the ability to enter into contracts and sue or be sued.

Liability

Liability is a legal responsibility or obligation to compensate or make amends for a loss, damage, or other wrongful acts.

Assignment

The passing of obligations, rights, or property from one individual to another.

Adjudicated Incompetent

A legal status determined by a court, indicating that an individual lacks the capacity to manage their own affairs due to mental or physical impairment.