Questions and Answers | 2026 Updated | 100% Pass Guarantee
Due Jan 23 at 11:59pm Points 50 Questions 25
Time Limit 60 Minutes
Instructions
The quiz:
Covers the Learn material from Module 1: Week 1 — Module 2: Week 2.
Contains 25 multiple-choice and true/false questions.
Is limited to 1 hour.
Allows 1 attempt.
Is worth 50 points.
You may refer to your notes and textbooks at any time during the assessment.
Submit this assignment by 11:59 p.m. (ET) on Sunday of Module 2: Week 2.
Attempt History
Attempt Time Score
LATEST Attempt 1 20 minutes 48 out of 50
Correct answers are hidden.
Score for this quiz: 48 out of 50
Submitted Jan 18 at 7:08pm
This attempt took 20 minutes.
https://libertyuniversity.instructure.com/courses/192004/quizzes/991953 1/16
, Question 1 pts
Which of the following are required of a lawyer who enters into a
business transaction with a client?
The terms of the transaction must be fair and reasonable to the
client and must be fully disclosed in writing
https://libertyuniversity.instructure.com/courses/192004/quizzes/991953 2/16
, The lawyer must advise the client in writing about the desirability
of seeking independent legal advice about the transaction and the
client must have a reasonable opportunity to seek such advice
The client must give informed consent in writing signed by the
client to the essential terms of the transaction
All the above
See Rule 1.8(a).
Question 2 pts
Which of the following is a method to regulate the reasonableness
of a lawyer's fees?
A court has the power to reduce the amount of fee charged by an
attorney if the court finds the fee to be unreasonable
A court can summarily award punitive damages to a client who
has been charged an unreasonable fee
A court can generally set the fee that an attorney charges in a
case
A court can impose a fee schedule on all attorneys who practice
within a local jurisdiction to set a range of fees in a case
https://libertyuniversity.instructure.com/courses/192004/quizzes/991953 3/16