lake is a personal lines insurance producer who recently obtained the CPCU designation. it was a struggle forjake to complete the CPCU courses. and he feels that he has done enough studying in his career. Jake's supervisor regularly circulates trade journal articles about proposed insurance legislation, new regulations, changing market conditions, and new products and services. Jake feels that, as a CPCU, he is fully qualied to meet his clients' needs without all that extra reading. which he feels takes away from the time he should be spending with customers. Which one of the following best describes the application of Canon 1' of the Code of Professional Conduct as it relates to keeping abreast of insurance developments? Select one: r\" A. Jake is in compliance with Canon 1' because he has completed his CPCU designation. r' B. Jake may be in violation of lCanon I" because he is not keeping current. r" C. Jake is not in compliance because |[Canon 3" specifically requires CPCUs to read trade journals. t\" D. ICanon 7* does not apply to this situation