[question removed by admin]
Answer = B
The RFP was done on the basis of the old organizational structure, which would have included the retired finance director. Standard I © requires members not to misrepresent the qualifications of a firm. With a senior professional leaving the firm, the organizational structure should be updated prior to submitting a RFP for a potential client’s consideration.
Why is it not C? I thought you can’t guarantee investment returns? Or maybe that doesn’t relate to misrepresentation but to Standard IV performance presentation?