Danny has been working as a project manager for a company which provides outsourcing services to banks. Recently, he has sent a proposal to a local bank in response to a bid for a data warehouse project in which his company lacks expertise. Although his company lacks expertise, it has good working relationship with the bank in all other projects. Which of the following statements is correct considering the proposal that Danny submitted?

A. Danny has not violated the PMI code of ethics and professional conduct B. Danny has violated the company policy but not the PMI code C. Danny has violated the procurement code but not the PMI code D. Danny has violated the PMI code of ethics and professional conduct