Question

How long do material facts learned from a client remain confidential?

A)Until the agency relationship is terminated
B)Until the statute of limitations has expired
C)Material facts are not confidential
D)Until the client dies and the estate is probated

Answer 1

Material facts learned from a client are generally confidential indefinitely, beyond the termination of the agency relationship or the client's death, unless specific exceptions apply such as preventing a crime or complying with legal obligations.

Step-by-step explanation:

The question pertains to the confidentiality of material facts learned from a client in a professional relationship. In the context of law, especially concerning ethics and fiduciary duties, such material facts remain confidential indefinitely unless a specific exception applies.

Generally, under the duty of confidentiality, an attorney or agent must protect a client's secrets indefinitely, even after the agency relationship has terminated or after the client's death. This duty does not expire with the termination of the agency relationship, and it does not depend on the statute of limitations.

However, material facts that are essential to prevent a crime or fraud, or to comply with the law or a court order, may need to be disclosed despite the general rule of confidentiality.