QUESTIONS 1 THROUGH 18 RELATE TO ETHICAL AND PROFESSIONAL STANDARDS.

2. Mahesh Devani CFA has marketed heavily a new analytical model that has been developed by his colleagues at Devani Risk Management Inc. When marketing the model he does not explicitly mention the fact that he did not develop the model but does demonstrate its use to best advantage. A client who uses a similar model provided by a rival company incurs large losses and blames the losses on alleged faults in the rival model. At the subsequent court case Mahesh gives expert witness testifying on his model’s strengths, without alluding specifically to the fact that he did not develop the model. Has he violated the standard against plagiarism? A. Yes in respect of the client discussions but no in respect of the court case as he was not asked a direct question B. Yes in respect of the client discussions and yes in respect of the court case C. No in respect of the client discussions but yes in respect of the court case