CFA CFA Level 2 Question of the Week: Level 2 – Ethics (2)

Question of the Week: Level 2 – Ethics (2)

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    • Avatar of MarkMeldrumMarkMeldrum
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        The correct answer is Option A:

        The Standard prohibits offering, soliciting, or accepting gifts that reasonably could be expected to compromise their own or another’s independence and objectivity.

        Lawrence violated the Standard by accepting a lavish gift, and Karu violated the Standard by offering a lavish gift.

        Note that both have violated the Standard even though Lawrence ultimately chooses not to hire Karu.

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