What must a lawyer do when disclosing terms of a business transaction to a client?

When disclosing the terms of a business transaction to a client, a lawyer is required to ensure that the information is presented in a manner that the client can comprehend. This typically involves using clear and understandable writing, which helps to ensure that the client fully grasps the details and implications of the transaction. Written documentation not only aids in clarity but also serves as a reference for the client, reducing the chances of misunderstandings or miscommunications.

Providing information in writing is particularly important in the context of business transactions, where specific terminologies and conditions can be complex. By delivering this information in an understandable format, the lawyer facilitates informed decision-making for the client.

Other options do not appropriately fulfill the ethical obligations of the lawyer. Oral explanations alone may not provide the client with sufficient detail or clarity, and merely summarizing the terms verbally lacks the necessary detail and may leave room for misinterpretation. Providing only the lawyer's interpretation could introduce bias and may not give the client the full picture needed to make an informed decision regarding the transaction. Therefore, the requirement to disclose using understandable writing effectively addresses the need for clear communication in a professional setting.