5) Carol shares an office with an accountant. They want to make sure that their clients have privacy while discussing their finances; and so they alternate days and times and are never there at the same time. They both keep their files in labeled cabinets and the office has a locked door to ensure their clients files remain confidential. Carol and the accountant have a referral agreement when their clients need each other's services. What should carol be concerned about? a) She should not be sharing an office with anyone outside of the insurance industry b) She is not protecting her client's confidentiality by locking their files in a secure location c) By sharing offices, she is not maintaining diligence or reliability. Advisors need to have their own offices to speak with clients d) By referring clients to the accountant, she is not maintaining their confidentially 6) Nigel meets with his client, Karim, who wants to invest his tax return. Nigel recommends a new investment fund that he had researched the previous week. He summarizes the investment goals of their fund and Karim agrees that it is a good choice. Nigel collects a cheque and completes all the paperwork. Back at the office, Nigel starts the investment process and realizes there is a better option for Karim. Nigel should: a) Invest the money in the new option for Karim because Nigel must act in the best interest of his client b) Proceed as planned and invest Karim's money in the fund they already discussed c) Call Karim and compare the two options with him so he can make the best choice for himself d) Invest the money in the new fund and then speak with Karim to explain that is the best option for his investment goals