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Explain What Is Meant by the "Duty to Account" of a Professional

question 20

Essay

Explain what is meant by the "duty to account" of a professional who has committed a breach of trust.


Definitions:

Blue-Sky Laws

State laws in the United States designed to protect investors from securities fraud by regulating the offering and sale of securities to the public.

Interstate Securities

Securities transactions or offerings that occur across state lines, subject to federal laws and regulations.

Wrongful Discharge

The unjust firing or termination of an employee in violation of legal or contractual terms.

Progressive Discipline

A process by which employees face increasingly severe consequences for their actions or failures in performance.

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