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NEW QUESTION: 1
In which of the following cases is an investment adviser allowed to be compensated with a share of the
capital gains of the client's portfolio?
I. The client is a mutual fund.
II. The client is a credit union.
III. The client is a private client whose minimum net worth is $1 million or more.
IV. The client is a private client who has at least $750,000 invested through the investment adviser.
A. none of the above. An investment adviser is never allowed to share in the capital gains earned on
B. I, II, and IV only
C. I, II, and III only
D. I and II only
Answer: B
Explanation:
Selections I, II, and IV are correct. An investment adviser is permitted to be compensated
with a share of the capital gains of the client's portfolio if the client is a mutual fund, a credit union, or a
private client with at least $750,000 invested through the investment adviser. More generally, the adviser
can charge a fee based on the capital appreciation of the portfolio if the client is an institutional investor, a
private client with a net worth of at least $1.5 million, or a private client with at least $750,000 invested
with the investment adviser.
NEW QUESTION: 2
A. Option E
B. Option A
C. Option B
D. Option C
E. Option D
F. Option F
Answer: E,F
Explanation:
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NEW QUESTION: 3
Where would fsck put any unreferenced file or file fragments on a ext4 filesystem?
A. recover
B. lost
C. lost+found
D. back
Answer: C