As a partner at a CPA firm, you must carefully evaluate$$ potential clients and the risks involve$$d$.$ Consider the following scenarios: Sce$$nario $1$: The client has faced ne$$gative publicity in the past or rece$$ntly changed its senior leade$$rship through board action. This could indicate instability or controversy. Scenario $2$: The$$ client is experie$$ncing financial difficulties but believe$$s it can improve once new gove$$rnment regulations are passe$$d$.$ This suggests uncertainty and potential volatility. Sce$$nario $3$: The client is involved in an active$$ stockholder lawsuit alleging financial mismanageme$$nt$.$ This points to significant legal and reputational risks. As the de$$ciding vote, you must thoroughly assess the risks and de$$termine if proposing a fee$$ is appropriate for this publicly traded company. Carefully we$$igh the potential issues and challe$$nges to make an informed de$$cision$.$ Discuss all the factors you would consider before you accept this company as a client under one of the scenarios offered. Briefly explain why you would not take the client in the other two scenarios. Defend and justify your positions.