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MPRE (THEMIS / BARBRI MCQS) EXAM 2025 QUESTIONS AND ANSWERS The manager of a successful hedge fund is under indictment for securities fraud. The board of directors of the hedge fund's company reached out to an attorney to secure representation for the manager. The board of directors informed the attorney that the company would pay for the manager's legal fees so long as the attorney agreed not to pursue any legal strategies that could result in liability for the company. The board also informed the attorney of its decision to retain separate counsel to represent the company's interests. The manager gave verbal informed consent to the attorney for the company's fee-payment arrangement. Would it be proper for the attorney to represent the manager under these conditions? ....ANSWER ...-No, because the company's conditions would interfere with the attorney's professional judgment. An insurance company hired an attorney to defend its insured in a civil suit. The insured told the attorney that his primary goal was to reduce the amount of any adverse judgment his insurance company may be required to pay on his behalf. The opposing party offered to settle its claims for $500,000, which represented half of the coverage amount of the insurance policy. The attorney negligently failed to communicate this offer to the insured, and the offer expired. The case went to trial, and the jury delivered a ....FOR STUDY PURPOSES...©️2025 ALL RIGHTS RESERVED... 1