Exam 1: Managing Your Legal Affairs

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If you collect money as a result of a settlement or judgment obtained through the assistance of legal aid, you will

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Clients who believe that they have suffered financial loss due to their lawyer's misconduct should not procrastinate as limitation periods may exist.

(True/False)
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Which of the following is NOT an advantage to maintaining an ongoing relationship with your lawyer?

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What is a good way to ensure the long term adoption of ethical behaviour of employees of a business? ESSAY. Write your answer in the space provided or on a separate sheet of paper.

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It is more advantageous to retain your own lawyer than to simply use duty counsel.

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It is always wise to retain legal counsel when you are facing criminal charges.

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There is sufficient information in the Yellow Pages to help a person decide whether a particular lawyer would be appropriate.

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You can enhance the success of your business by

(Multiple Choice)
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What format must a code of business conduct take?

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What is a retainer?

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What recent development has given non-lawyers greater access to legal information?

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Distinguish between law and ethics.

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Why might a business person have more than one lawyer?

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How does a contingency fee agreement potentially benefit a client?

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What is a contingency fee arrangement?

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For sophisticated clients, the availability of an abundance of legal information online is

(Multiple Choice)
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Do business people make good ethical choices? Explain, providing examples.

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What term can be used to describe someone who understands the role of a lawyer, when and how to retain one, and how to manage the lawyer-client relationship?

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Duty counsel are typically available

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Compliance with a code of ethics in an organization is unrelated to whether or not top management practises ethical behaviour.

(True/False)
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