Lebron,an Attorney,allows a Statute of Limitations to Lapse on a Claim

question 68

Multiple Choice

Lebron,an attorney,allows a statute of limitations to lapse on a claim by Midwest Metal Fabrication Company,a client.Lebron

• A)can be held liable for malpractice.
• B)has violated an ethical standard but cannot be held liable.
• C)is subject to criminal penalties under the statute of limitations.
• D)will be automatically disbarred.

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Definitions:

Base Year

Base year is a specific year against which economic growth or other market indices are measured, serving as a standard or reference point for economic analysis.

CPI

The Consumer Price Index reflects the weighted average price changes in a variety of consumer goods and services, such as medical services, food, and transportation.

Goods and Services

Physical products (goods) and intangible assistance or benefits (services) produced to satisfy the wants and needs of consumers.

Consumer Price Index

An index measuring the change over time in the prices paid by urban consumers for a market basket of consumer goods and services.