Because of the Ethical Obligation to Provide the Client with Competent

question 24

True/False

Because of the ethical obligation to provide the client with competent representation,you must verify the accuracy and determine if any information you obtain from nonfee-based Web sites is up to date.

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Definitions:

Stock Ownership

Holding shares in a company, which represent a portion of the company's capital and give certain rights to the shareholder.

Voting Rights

The ability of shareholders to vote on corporate matters, such as the election of the board of directors.

Management Control

Refers to the processes, policies, and procedures that are put in place by an organization's management to ensure that its goals and objectives are achieved efficiently and effectively.

Unethical Behaviour

Actions or practices that breach moral or professional conduct codes.