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NEW QUESTION: 1
Sam Shade had his agent's license revoked by the state of Washington for repeatedly making misleading claims about various investment to investors. He had had it with all the rain anyway and decided to move to the sunshine state of Florida. His brother-in-law was a computer whiz who made money on the side (more than his day job provided, in fact) by supplying illegal immigrants with official-looking documentation, including social security numbers. Sam Shade became Ian Creed in a few clicks of the mouse. As Ian Creed, Sam was hired by Sunny Investment Advisers, an investment adviser firm located in the Florida Keys, in a clerical role. As such, Sam/Ian had access to the confidential information of the firm's clients, which he and his brother-in-law utilized for the purpose of identity theft. Under the Uniform Securities Act guidelines, when Sam and his brother-in-law are caught in their illegal activities,
A. Sunny Investment Advisers will not be held liable if it can prove that there was no way it could have or should have known of the revocation of Sam Shade's (aka Ian Creed) license.
B. Sunny Investment Advisers will be subject to both criminal prosecution and civil penalties for employing an individual whose license had been revoked by the Administrator of another state since it obviously did not use due diligence in hiring Ian Creed, aka Sam Shade.
C. Sunny Investment Advisers will be subject to civil penalties for employing an individual whose license had been revoked by the Administrator of another state.
D. Sunny Investment Advisers will be subject to criminal prosecution for employing an individual whose license had been revoked by the Administrator of another state since it obviously did not use due diligence in hiring Ian Creed, aka Sam Shade.
Answer: A
Explanation:
Explanation/Reference:
Explanation: When Sam and his brother-in-law are caught, Sunny Investment Advisers will not be held liable if it can prove that there was no way it could have or should have known of Sam Shade/Ian Creed's license revocation. The drafters of the Uniform Securities Act were cognizant of the fact that employees can be remarkably deceptive when applying for a position, and because of this the Act indicates that the investment adviser must either "have known or should have known" of the Administrator's adverse decision against the employee in order to itself be deemed liable.
NEW QUESTION: 2
Hardware compatibility among multiple hosts guarantees which of the following?
A. Supportability
B. Storage migrations
C. Online VM migrations
D. Host migrations
Answer: C
NEW QUESTION: 3
Which of the following is NOT an "out of the box" export target for IBM Datacap Taskmaster Capture?
A. IBM Content Manager (CM8)
B. Open Text Cloud Storage
C. Microsoft SQL Database
D. Microsoft SharePoint
Answer: B
NEW QUESTION: 4
You are asked to create a WLST script to make live updates to a domain that has its administration server running. You want your script to mimic the actions of a WebLogic administrator by using the administration console and clicking the "Lock and Edit" button.
What commands would accomplish this?
A. lockDomain() followed by editDomain()
B. lockDomain() followed by edit()
C. getLock(0) followed by edit()
D. clearPending() followed by lockDomain()
E. domainConfig() followed by cd('Edit')
F. edit() followed by startEdit()
Answer: F
Explanation:
Not edit() navigates to the last MBean to which you navigated in the edit configuration MBean hierarchy or to the root of the hierarchy, DomainMBean.
StartEdit() starts a configuration edit session on behalf of the currently connected user. You must navigate to the edit configuration MBean hierarchy using the edit command before issuing this command.
Note: Click the Lock & Edit button to lock the configuration edit hierarchy for the domain.
This enables you to make changes using the Administration Console.
CS0-002 FAQ
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