Herbert & Hart Inc,an Accounting Firm,was Legally Represented in a Recent

question 6

Multiple Choice

Herbert & Hart Inc,an accounting firm,was legally represented in a recent dispute by Alan Munt,who is a lawyer.Herbert & Hart have now learned that Munt professionally misconducted himself by passing confidential information to the other side in the dispute.Herbert & Hart consequently lost approximately $12 million.Which of the following statements is TRUE?

• A)Munt probably does not have liability insurance that will help to pay for his liabilities.
• B)Munt may be investigated by the law society only if he is an articling student.
• C)Munt may be sued,but his behaviour cannot be investigated by the law society.
• D)Herbert & Hart very likely violated the law society's code of conduct.
• E)If Herbert & Hart sue Munt they will likely recover their loss if Munt has sufficient insurance coverage,or personal assets in excess of his insurance coverage sufficient to pay for the loss.

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Definitions:

Power Tactics

Strategies or methods employed by individuals or groups to exert control or influence over others.

Introverts

Individuals who tend to be more inward-turning, focusing on their own thoughts and feelings rather than seeking external stimulation from their surroundings.

Distress

A negative form of stress resulting from challenging situations that can lead to discomfort or even mental health issues if not managed properly.

Milgram

Refers to a series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.