Practice Quiz

Forensic Accounting

Category - Professional Responsibilities and Management

Start a Study Session Sign up for Question of the Day
A asks B to represent him in a court case against C. B, the practitioner, represented C in a separate case just a few months back. By virtue of the previous engagement, B is cognizant of the legal and business details of C. Should B accept the engagement?
  1. Yes, B is a professional practitioner and should go ahead with the practitioner
  2. Yes, because it is a valid offer
  3. No, because it violates the ethical consideration of confidentiality
  4. Yes, but only if B has the time to do so
Explanation
Answer: C - Since the practitioner knows the “tricks of the trade” of C, and he is bound not to disclose these, thereby, B should not accept the engagement offered by A. Information provided by a previous client should be kept confidential.
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz