12、Lawrence Hall, CFA, and Nancy Bishop, CFA, began a joint research report on Stamper Corporation. Bishop spent several days visiting Stamper's corporate headquarters and meeting with all company officers. Prior to the completion of the report, Bishop was reassigned to another project. Hall utilized his and Bishop's research to write the report. According to the CFA Institute Standards of Practice Handbook, did Hall violate any CFA Institute Standards of Professional Conduct?

A. No.

B. Yes, with respect to misrepresentation.

C. Yes, with respect to independence and objectivity.

D. Yes, with respect to diligence and reasonable basis.

答案和详解如下：

12、Correct answer is A

Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp. 15-20, 25-28, 99-100

Standards I-VII

2008 Modular Level I, Vol. 1, pp. 21-26, 29-31, 80-82

Study Session 1-2-a

demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations presenting multiple issues of questionable professional conduct

Members are in compliance with CFA Institute's Standards if they rely on the research of another party who exercised diligence and thoroughness.