Which of the following statements correctly describes the relationship between 'disclosure' and 'addressing' a conflict of interest under Rule 2.1.4(1)(h)?
1 attempts · 0% correct
Disclosure does not relieve a Member of its obligation to address the conflict in the client's best interest.Correct
If a client signs the disclosure, the Member is no longer required to act in the client's best interest for that transaction.
Providing written disclosure is considered sufficient to meet the obligation to address a conflict.
Disclosure is only required if the conflict cannot be addressed in the best interest of the client.
Why
Rule 2.1.4(1)(h) clarifies that disclosure is a separate requirement and does not satisfy the substantive duty to prioritize the client's interest.
