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For reasons of space I have missed out some of the details.
NEW QUESTION: 1
Skip is a registered agent with state. He recently quit his job with Venus Broker-Dealers to become
affiliated with Mars Broker-Dealers. Which of the three entities must report this change to the state
Administrator?
A. Skip only
B. Both Skip and Venus
C. Skip and either Mars or Venus, but not both
D. Skip, Mars, and Venus
Answer: D
Explanation:
When Skip leaves one broker-dealer and signs on with another, all three entities-Skip, Mars,
and Venus-must report this to the state Administrator. Under the Uniform Securities Act, when an agent
leaves a broker-dealer, both the agent and the broker-dealer are required to report this to the state
Administrator, and when an agent begins employment with a new broker-dealer, both the agent and the
new broker-dealer must report it.
NEW QUESTION: 2
A. Option D
B. Option B
C. Option C
D. Option A
Answer: B
NEW QUESTION: 3
Which type of value added service would you sell to a company that wants to ensure that their LaserJet printers are always up and running with consistently high print quality?
A. Quick Page Service
B. Preventative Maintenance Kit Replacement
C. Toner and Rollers Uptime Kit Replacement
D. Accidental Damage Protection
Answer: C
NEW QUESTION: 4
An organization employs a dual pricing basis for the transfer of components between its divisions. This means that:
A. each division has a separate transfer price for a single transaction.
B. the transfer price is based on marginal cost with a separate charge to allow for fixed costs.
C. the transfer price is based on the market price less a discount.
D. the transfer price is based on the cost of the product plus a mark-up for profit.
Answer: A
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