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Answer: laws of Country MS.
Bohr must adhere to the laws of Country MS. According to CFA Institute Standard I(A) - Knowledge of the Law, members must comply with the most strict applicable laws, rules, and regulations. In this scenario, Feynman is a citizen of country MS, and country MS's law applies to their business. Since country MS has more strict securities laws than the Code and Standards, Bohr must comply with country MS's laws. The fact that the business is conducted in country LS with less strict laws is irrelevant because the applicable law is that of country MS, and it is more strict than the Code and Standards.
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Bohr must adhere to the:
A
laws of Country LS.
B
laws of Country MS.
C
Code and Standards.
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