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An attorney represented a company seeking to purchase land on which to build a factory. Theseller of the land was a sophisticated businessman whom the
An attorney represented a company seeking to purchase land on which to build a factory. Theseller of the land was a sophisticated businessman whom the attorney had known for many yearsbut had never represented. The seller conducted the negotiations directly with the company'spresident, and the attorney drafted the necessary documents. The seller agreed that the company could pay the purchase price in five annual installments. Prior to the closing, the attorney received a call from the seller, who asked whether he would beable to receive the property back in the event that the company failed to make all the requiredpayments. After the attorney cautioned that she represented only the company and not the seller,she truthfully advised the seller that, in her opinion, the seller would be able to receive the propertyback if full payment was not made. She also advised the seller that it was in his best interest to retain a lawyer in order to obtain independent legal advice. Is the attorney subject to discipline? Group of answer choices No, because the attorney disclosed that she represented only the company. Yes, because the attorney permitted the company's president to negotiate directly with the seller. Yes, because the attorney gave
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