The Decision to Enter into the Lawyer-Client Relationship Should Be

question 119

Multiple Choice

The decision to enter into the lawyer-client relationship should be

• A) made quickly to ensure that no one else can retain your lawyer.
• B) solely up to the lawyer, as he or she is the one with the legal training.
• C) made primarily on the basis of cost.
• D) a mutual decision made primarily on the basis of trust.
• E) solely up the client, as the client is the one paying for the services.

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Definitions:

Public Goods

Goods or services that are available to all members of a society, typically provided by the government, with no one excluded from benefitting.

Efficient Mix

The most advantageous combination of goods and services that can be produced and distributed with the available resources and technology, maximizing overall welfare.

Equate Price

The action of setting two or more goods or services to have the same price.

Marginal Cost

The outlay involved in the creation of an additional unit of a good or service.