Identify which definitions in the AICPA code of ethics can be applied to each hypothetical, and state which facts/words correspond to these definitions. Most questions have more possible defined terms than there are points, so choosing terms that apply should be doable. For purposes of these questions, assume that all CPAs have chosen to join the AICPA.

(3) Acme Corporation, whose stock is traded on the New York Stock Exchange, has a standard mortgage from private bank owned by a CPA; the CPA would become bankrupt if the loan defaulted.