Peter's personal brochure implies, but does not state, that he has ten years of experience in the life

insurance business when, in fact, he only has two years of experience. What is the ethical problem, if any?

a$.$ Peter is holding himself out as having more experience than he actually has; that is unethical, and it may

cause him to be held to a higher standard of care.

b$.$ No ethical issue exists unless Peter's brochure states that he has more experience than he actually

possesses.

c$.$ No ethical issue exists unless clients and prospects might work with Peter only because of the experience

level they assume he has.

d$.$ No ethical issue exists unless Peter's lack of experience hurts prospects or clients.