The Chartered Accountants Society, the governing body of chartered accountants, has set regulations to govern the activities of its members. Which of the following regulations do not violate the Competition Act?
A) Members may advertise only in the telephone yellow pages and in approved trade journals.
B) A tariff of fees establishes minimum amounts to be charged to clients for specified services.
C) Advertising may not discuss prices or offer any price discounts to the public.
D) The Society may allow C.A.'s to agree as to the provision of certain specified services within a particular geographic area.

Question

Quizplus · Accepted Answer

Advertising in specific mediums like telephone yellow pages and approved trade journals does not inherently violate the Competition Act, as it does not restrict competition or price setting.

The Chartered Accountants Society, the Governing Body of Chartered Accountants