Ethics – Practice exam doubt/disagreement

@sidmenon

@sophie

my first guess was also C but yeah I get the trickiness of the wording, thanks @sophie

really have to be WIDE AWAKE when reading the questions haha

@SidMenon I think when you are tackling an ethic question it helps to have an “outsider” perspective. If you would have to prove that she violated the standard how would you prove it? She has the research and supporting evidence that she believed it was a good stock and believes that it is an attractive company for acquisition. Your charge against her would be thrown out of court.

Interesting way to look at it @diya!

@Zee ethics is dreadfully boring. I have to make it bearable somehow.
I have yet to actually read the ethics material in its entirety.
So far I have only read what Elan’s 11th hour has to say about it.

* virtual poke* @lulu123, @sidmenon!

@lulu123 – when you’re nodding off in front of the books, the poke will come 😉

@sophie

:O what where why how ?! lol

Agree with A @Sidmenon actually.

I do take your point about your interpretation of the question that it seems that Sue decided to take action after speaking to her podiatrist.

She believes a recent purchase in its price may present a buying opportunity and that industry conditions suggest Arithmatics may be an attractive acquisition for a larger company.

This statement indicates that she did her research properly/objectively and arrived at that conclusion herself.

But the subsequent statements did not say something along the lines of “as a result of this discussion with podiatrist” – then I think your answer C is right.

B was out of the question unless the podiatrist somehow is related to Arithamatics and may have insider info.

Agree that it’s A. To be able to identify a violation it should be a clear action on Sue’s part. E.g. if they said based on Sue’s research she decided NOT to act on it, but then visited her psychic (or podiatrist) and he tells her to buy, then she acts – that’s a violation because it is clear that she isn’t acting on the research but rumours.

Hope that helps.

@SidMenon I think when you are tackling an ethic question it helps to have an “outsider” perspective. If you would have to prove that she violated the standard how would you prove it? She has the research and supporting evidence that she believed it was a good stock and believes that it is an attractive company for acquisition. Your charge against her would be thrown out of court.