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Libra has tendered for the external audit of Sagittarius plc. Libra has proposed a fee which is less than the market rate in the hope

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Libra has tendered for the external audit of Sagittarius plc. Libra has proposed a fee which is less than the market rate in the hope that the firm will subsequently be awarded the more lucrative tax and advisory work Identify and explain the ethical issues posed by Libra's proposal

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