Question: For each situation, state whether it is a violation. Where there is a violation, explain the nature of the violation and the rationale for the
For each situation, state whether it is a violation. Where there is a violation, explain the nature of the violation and the rationale for the existing rule.
- A Public Accountant, was appointed as the trustee of the Dominion family trust. The Dominion family trust owned the shares of the Dominion Soccer Coach Company, which is audited by another partner in Henry's office. Henry owns 15 percent of the shares of Dominion Soccer Coach Company and is also a director of the company, in the position of Treasurer.
- Palestine, LLB, has a law practice. Paul has recommended one of his clients to Todd, a PA. Paul has agreed to pay Todd 10% of the fee Paul receives from Todd's clients.
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