Read each case and specify which standard was violated

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter13: Choice Of Business Entity—general Tax And Nontax Factors/formation
Section: Chapter Questions
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Read each case and specify which standard was violated

Ademi is a partner in the firm of FF, a small firm offering investment advisory services. She assures a prospective client who has just inherited US$1 million that “we can perform all the financial and investment services you need.” FF is well equipped to provide investment advice but, in fact, cannot provide asset allocation assistance or a full array of financial and investment services.

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