Which of the following situations is NOT specifically prohibited by the conflict of interest rules under the Model Rules?
A) Business transactions with clients, unless the terms are fair and reasonable, the deal is fully disclosed, the client is advised to seek independent counsel, and the client gives informed consent.
B) At the time the lawyer is hired, the lawyer obtains an agreement from the client that limits the lawyer's malpractice liability, and the client was not independently represented.
C) A lawyer represents a husband and wife who jointly own their home after a third party sues the husband and wife based on an injury sustained while on the property.
D) Just before closing arguments, a lawyer agrees to accept literary rights from the lawyer's client as part of the lawyer's compensation.
Correct Answer:
Verified
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