Which of the following is a correct statement reflecting Goldman's credo?
A) We have a duty to serve our clients well.
B) We have a legal fiduciary duty to our clients.
C) We have to help clients avoid risky and overly complex investments.
D) We have a duty to follow the spirit of the law.

Question

Quizplus · Accepted Answer

Goldman's credo states that they have a duty to serve their clients well, which reflects their commitment to providing quality services and meeting their clients' needs. While they do have a legal obligation to act in their clients' best interests, this is not explicitly stated in their credo. Additionally, they may engage in risky and complex investments with their clients, as long as they disclose the risks involved and obtain their clients' informed consent. Finally, while they do have to comply with the law, their emphasis is on following the "spirit" of the law, which suggests a higher standard of ethical behavior.

Which of the Following Is a Correct Statement Reflecting Goldman's