Question: James is a CFP professional whose clients include several small-business owners. Some of these businessowners actively seek out new opportunities for investment or purchase. His

James is a CFP professional whose clients include several small-business owners. Some of these businessowners actively seek out new opportunities for investment or purchase. His new client, Jennifer, owns a small business. She tells James during their first meeting that she is interested in selling her business on an installment sale basis. Jennifer wants to receive the highest value possible for her business, but she would accept less than market value for the business if necessary to complete a quick sale. If she cannot find an immediate buyer for the business, she would also consider arranging a buy-sell agreement with one of her employees, David, who is also James's client. Based on your analysis of what is listed here, which of the following steps should James take first in his relationship with Jennifer? A) Gather detailed financial information related to Jennifer's business B) Inform his other clients that Jennifer's business is for sale and might be available at a bargain price C) Identify and resolve any potential conflicts of interest that may arise in his relationship with Jennifer D) Consider alternatives that might meet Jennifer's goals and objectives

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