Martin Has Been Joanna's Counselor for Five Years and Has

question 8

Multiple Choice

Martin has been Joanna's counselor for five years and has developed a strong attraction to her. He believes the attraction is mutual and decides to pursue a sexually intimate relationship with her. Martin is disregarding all of the following EXCEPT

• A) all of the ethics codes of the professional organizations prohibit sexual relationships between client and therapist.
• B) he would not be convicted of a felony.
• C) his actions would likely result in exploiting and harming Joanna.
• D) he could have his license revoked.

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Definitions:

Bonds

Long-term debt securities issued by corporations and governments to raise funds, paying interest to holders.

Effective-Interest Method

An accounting practice used to amortize the discount or premium on bonds payable over the bond’s life, reflecting a constant rate of interest.

Bonds

Long-term debt securities issued by corporations or governments, promising to pay the holder a specified amount of interest over a set period of time before returning the principal amount.

Amortization

The process of gradually writing off the initial cost of an intangible asset over a period of time, reflecting its consumption, expiration, or obsolescence.