Dring a recent meeting with the top management of Axle Co. advice has been requested on certain stock transactions that the client as entered into. The client is seeking the CPA firm's advice and input on whether to sell certain stocks that management feel may drop n value in the near future, and indicates they may ask the CPA firm to conduct the transactions. Does this represent a threat to ndependence, and why? This does not represent a threat to independence, as the client is merely asking for the CPA firm's unofficial input. This does not represent a threat to independence, as even if advice is given, the client is still wholly responsible for any gains or losses incurred. This may represent a threat to independence, as the CPA firm may ultimately end up making investment decisions on behalf of the client. This may represent a threat to independence, as if the CPA firm gives bad advice, the client may sue the CPA firm