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Hubert Lawyer Has Received a $10,000 Security Retainer from Cindy

Question 6

Multiple Choice

Hubert Lawyer has received a $10,000 security retainer from Cindy Client. Hubert gives you the money and tells you to deposit it. You 85) ______


A) should open a special savings account for this client's money so that the money earns interest.
B) should deposit the $10,000 in the general operating account because the money belongs to Hubert.
C) should deposit the $10,000 in the client trust account to draw against for future legal fees.
D) should deposit $9000 in the client trust account and $1000 in the firm's general operating account so that the initial costs of the case (filing fees, etc.) may be paid.

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