Which of the following statements concerning the consequences of conduct inconsistent with the CFP Board's Financial Planning Practice Standards is correct?

Answers:

A. The CFP Board can enforce the Practice Standards against all financial planning professionals.

B. Conduct inconsistent with the Practice Standards creates a presumption that a legal duty was breached.

C. Conduct inconsistent with the Practice Standards gives rise to a cause of action against the financial planner.

D. The Practice Standards do not provide a basis for legal liability of the financial planner.