Research outside of the text for legal precedence

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Reference no: EM131040425

Before you answer, this will require some research outside of the text for legal precedence. Here is your scenario: Having completed your Masters degree a friend asks you for lunch. The intent is not hidden they are considering starting a business and want your professional advice. Can you be held legally responsible in the event you provide bad advice? Do you have an ethical responsibility to answer their question and on a personal basis; how would you handle this situation? Site your references and or case law please.

Reference no: EM131040425

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