The "Moral Character" Requirement,as Expressed in the Uniform Accountancy Act's

question 20

Multiple Choice

The "moral character" requirement,as expressed in the Uniform Accountancy Act's Model Rules:

• A) Is limited to acts of dishonesty or deceit that evidence unfitness to carry out the duties of the accounting profession
• B) Is limited to acts of misconduct that constitute misdemeanors
• C) Is limited to acts of misconduct that constitute felonies
• D) Includes all acts of dishonesty or deceit that evidence unfitness to practice accounting and any felony, whether or not it relates to the practice of accounting

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Definitions:

Rescission

Amounts to the undoing of a contract, returning the parties to the positions they were in before the contract.

Trade Secrets Act

Legislation that protects confidential business information from being disclosed or used without permission.

Federal Statute

A law enacted by the federal government that applies across the entire country.

Consumer Protection

Laws and regulations designed to ensure the rights of consumers are protected against unfair practices in the marketplace.