If an Attorney Has a Client Accused of Murder, the Attorney

question 3

Multiple Choice

If an attorney has a client accused of murder, the attorney must disclose which of the following even though told to the attorney by the client in confidence?

• A) The location of hidden bodies of persons the client has admitted to killing in a prior incident, but the attorney may not disclose the source of the information
• B) Fantasies the client has about killing his wife
• C) A convenience store robbery the client is planning in order to pay his legal fees
• D) An admission of guilt by the client that was not prompted by the attorney

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Definitions:

Capital Budgeting Projects

Long-term investment decisions made by companies to invest in projects or assets with the aim of generating revenue or reducing costs in the future.

Dividend Distribution

Dividend distribution refers to the payment a company makes to its shareholders out of its profits or reserves, usually in the form of cash or additional shares.

Target Capital Structure

The optimal mix of debt, equity, and other financing sources a firm aims to achieve to minimize its cost of capital.

Dividend Payout Ratio

A financial ratio indicating the percentage of a company's earnings paid to shareholders in dividends.