| Description |
Bronson provides investment advice to the board of trustees of a private university endowment fund. The trustees have provided Bronson with the fund’s
financial information, including planned expenditures. Bronson receives a phone
call on Friday afternoon from Murdock , a prominent alumnus , requesting that
Bronson fax him comprehensive financial information about the fund. According
to Murdock , he has a potential contributor but needs the information that day to
close the deal and cannot contact any of the trustees. Based on the CFA Institute
Standards , Bronson should: |