Crucial Exams

Multistate Professional Responsibility Exam Practice Question

Attorney Johnson is representing a client in negotiating a merger with a company in which Attorney Johnson owns a significant number of shares. What should Attorney Johnson do to comply with professional responsibility standards?

  • Disclose the financial interest once its necessary.

  • Consider terminating the representation to address the conflict of interest.

  • Inform the client about his financial interest in the merging company and determine how to proceed with the representation.

  • Continue representing the client while holding shares in the merging company.

Multistate Professional Responsibility Exam
Conflicts of interest
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