Question

A refusal by a lawyer to furnish information related to litigation included in the letter of inquiry is likely to result in?

1) Confirmation of related lawsuits with the claimants.
2) Qualification of the audit report.
3) An assessment that loss of the litigation is probable.
4) An adverse opinion.

Answer 1

A refusal by a lawyer to furnish information related to litigation included in a letter of inquiry is likely to result in an adverse opinion.

Step-by-step explanation:

A refusal by a lawyer to furnish information related to litigation included in a letter of inquiry is likely to result in an adverse opinion.

In the legal profession, when a lawyer refuses to provide information regarding ongoing litigation, it may lead to an adverse opinion. An adverse opinion is a professional judgment that expresses a negative assessment or conclusion about an individual or entity. It is often issued when there is a lack of cooperation or refusal to provide necessary information.

It is important for lawyers to be transparent and cooperative when exchanging information related to litigation, as failing to do so can lead to serious consequences in the legal process.