Which of the following is considered a violation of the Code?

A violation of the Code often involves actions that undermine ethical standards and the principles of fair dealing in business practices. In this context, each of the listed options reflects a significant breach of ethical obligations that professionals are expected to uphold.

Abandoning a contract without legal excuse compromises the integrity of business relationships and can lead to significant losses for other parties involved, demonstrating a lack of commitment to agreed-upon terms. This act disrupts the normal functioning of business transactions and can erode trust among stakeholders.

Diverging funds received for a specific project indicates a misuse of resources, where funds intended for one purpose are redirected for personal gain or other unauthorized uses. This not only constitutes a breach of fiduciary duty but also can result in legal consequences and loss of reputation.

Failure to account for money belonging to others illustrates a disregard for proper financial management and transparency. It raises concerns about accountability and can lead to financial scandal, legal action, or damage to relationships with clients and partners.

When considering all these actions together, they collectively represent violations of ethical guidelines and professional standards within the Code, affirming that all are indeed considered violations.