Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which one of the following statements is incorrect? Select one: a. No legal practitioner referred to in section 84(1) of the Legal Practice Act, 28
Which one of the following statements is incorrect? Select one: a. No legal practitioner referred to in section 84(1) of the Legal Practice Act, 28 of 2014 or person employed or supervised by that legal practitioner may receive or hold funds or property belonging to any person unless the legal practitioner concerned is in possession of a Legal Practitioners Fidelity Fund (LPFF) certicate. b. The provisions of section 84(1) and section 84(2) of the Legal Practice Act, 28 of 2014 apply to a deposit taken on account of fees or disbursements in respect of legal services to be rendered. c. Every legal practitioner referred to in section 84(1) of the Legal Practice Act, 28 of 2014 may choose to operate a trust account or not. d. Every attorney or any advocate referred to in section 34(2)(b) of the LPA, who practices or is deemed to practice for his or her own account either alone or in partnership; or as a director of a practice which is a juristic entity, must be in possession of a Legal Practitioners Fidelity Fund certicate
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started