Liability and penalty / failed to ensure client gave accurate information about business ownership despite circumstances which should have alerted him to further enquiry / client’s business sold without authority of other owner of business / Conduct and Client Care Rules 2008, rule 11.4 / HELD / failure had serious consequences but was an honest mistake / not disgraceful or dishonourable or reckless breach of rules / not negligent / culpability reduced by the fact that the business’ land was in client’s sole name / practitioner was away when financing statement naming other business owner was revealed immediately before settlement / deprived him of opportunity of reinvestigation / unsatisfactory conduct proved (section 12(a)) / mitigating feature of clean record / Tribunal ordered practitioner to pay $5,000 fine and compensation ($3,000) to other business owner / practitioner to pay contribution to Standards Committee’s costs ($15,000) and full Tribunal’s costs