What potential issue arises if Olma’s brother, Hogan, joins her business partnership?

When evaluating the potential issues arising from Hogan joining Olma's business partnership, the situation often centers around the implications for professional services, particularly regarding the accounting firm involved with the partnership.

If Hogan joins the business, there could be a perceived conflict of interest for the accounting firm, especially if Hogan has interests or holds roles that could influence the firm’s objectivity. Accountants are expected to maintain independence and ensure that their advice and actions are not unduly influenced by personal relationships. The presence of a family member in the business could complicate this, as they might need to navigate the boundary between personal loyalty and professional judgment. Therefore, the concern about conflict of interest is valid and important for maintaining the integrity of the financial reporting and compliance process.

The other options, while they may represent issues that could arise in partnership scenarios, do not specifically encapsulate the unique conflict of interest challenge presented by the familial connection with Hogan. Issues like client confidentiality, capital sufficiency or increased business liability could stem from various partnership dynamics, but the direct link to the accountant's role and the ethical stance on conflicts is particularly poignant when a family member is involved. Thus, the answer highlights a critical aspect of maintaining ethical standards in professional practice amidst personal relationships.