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NEW QUESTION: 1
You are a registered agent with a broker-dealer. One of your clients visits you and wants you to sell some of the U.S. government bonds she owns and purchase shares of a specific aggressive growth mutual fund for her with the proceeds. Your client is a mentally-competent, 84-year-old woman but, based on your other knowledge of her situation, you believe it to be an unwise move. You should
A. turn the matter over to your supervisor.
B. nod politely, but not execute the transactions since they are not in her best interest.
C. call the mutual fund and tell them that they must convince this client that an investment in their fund is not in her best interest, under penalty of law.
D. advise her that you don't believe this is in her best interest, but execute the required transactions if she insists.
Answer: D
Explanation:
Explanation/Reference:
Explanation: If, as a registered agent with a broker-dealer, you receive an order from a client that you don't believe is in her best interests, you should tell her that, but you must still execute the transactions if she insists. You may not legally ignore her instructions, nor should you bother either the mutual fund or your supervisor with this, given the facts as provided; you should deal with it yourself.
NEW QUESTION: 2
How does HPE offer infrastructure as a service differentiator?
A. optimizing workloads with a common modular architecture
B. using converged, software-defined, and cloud ready resources
C. offering a siloed technology-centric physical infrastructure
D. providing a dedicated manual process for each infrastructure product
Answer: A
NEW QUESTION: 3
A non-stock item is assigned to a plant maintenance order.
Which document is generated when the order is released or saved?
A. A material document
B. A purchase order
C. An inventory reservation
D. A purchase requisition
Answer: D
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ARA02 Exam Info
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