Answers look alike, so answer carefully. Related to Chartered Financial Analyst

ETHICAL AND PROFESSIONAL STANDARDS 1. According to Standard I-A 'Knowledge of Law', members and candidates are required to: A. maintain readily accessible current reference copies of applicable statutes, rules and regulations B. dissociate from the activity if they have reasonable grounds to believe that employer's or client's activities are unethical. C. report potential violations of the Code and Standards committed by fellow members and candidates to regulatory organizations. 2. Alonzo Myers manages accounts at GRTY Securities. Jerry Reed, one of his clients, e-mailed Myers to buy 300 shares in the IPO of JJKS Corp's stock. Few days later, despite being a hot issue, Myers succeeded prorating 500 shares of JJKS Corp. for his clients. After purchasing 500 shares for his clients and 300 shares for Reed as per request, he purchased remaining 200 shares for his wife. Myers: A. did not violate the standards by purchasing 200 shares for his wife and 300 shares for Reed B. violated the standards by purchasing 200 shares for his wife and only 300 shares for Reed. C. violated the standards by purchasing 200 shares for his wife but is in compliance for purchasing 300 shares for Reed as per his request, 3. McKinney Alpha is an accredited research firm that only hires experienced and competent analysts offering them training and financial courses from time to time. The firm allows analysts to either prepare their own research or rely on secondary sources. Tyler Klein, an analyst at McKinney uses a research report prepared at Gemma Brokerage. If Klein will use that report, he will: A. violate Standard 1-C Misrepresentation' by relying on work not prepared by himself for his clients. B. violate Standard IV-A 'Loyalty to employers' as he is not allowed to use the report prepared by Gemma Brokerage. C. not violate any standard if he makes reasonable efforts to determine that research is sound and uses the information in good faith. 4. By complying with GIPS standards firms cannot: A. eliminate the need for in-depth due diligence on the part of the investor. B. participate in competitive bids against other compliant firms throughout the world. C. assure prospective clients that the reported historical track record is complete and fairly presented