A Lawyer Met with Several Members of the Community at a Social

question 50

Multiple Choice

A lawyer met with several members of the community at a social function.During the evening,he spent a great deal of time discussing one particular client in great detail.The client's friend,unknown to the lawyer,was not impressed by some of the derogatory comments expressed during the discussion.What will likely be the result when the client's friend explains the evening's events?

• A) A complaint that the lawyer has breached his client's right to privilege will be made.
• B) A complaint to the Law Society for breach of client confidentiality will be made.
• C) A complaint that the lawyer breached the duty to avoid commission of torts will be made.
• D) A complaint that the lawyer breached his duty to perform contractual obligations will be made.

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Definitions:

Debits

Entries on the left-hand side of an accounting ledger, indicating increases in assets or expenses or decreases in liabilities or equity.

Transactions

Economic activities or events that affect the financial position of a company and can be quantified in monetary terms.

Journal Entries

Written records of all the financial transactions of a business, which are then used to prepare financial statements.

Debits Equals Credits

A fundamental principle of accounting stating that for every transaction, the total debits must equal the total credits in a double-entry bookkeeping system.