Mohammed Bayyoud Works as an investment consultant firm. Mike a new client of the firm is meeting with Mohammed for the first time. Mike used another counselling firm for financial advice for years, but he has switched his account to Mohammeds firm. After spending few minutes getting acquainted. Mohammed explains to Mike that he has discovered a highly undervalued stock that offers large potential gains, Mohammed recommends that Mike should purchase the stock. Mohammed Committed a violation of the standards. What should Mohammed have done differently

Mohammed should have thoroughly explained the characteristics of the company to Mike, including the characteristics of the industry in which the company operates.

Mohammed should have explained his qualifications. Including his education, training, experience.

Mohammed should have determined Mikes needs, objectives and tolerance for risk before making a recommendation of any type of security.