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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. I, II, and III only
B. I and II only
C. none of the above. An investment adviser is never allowed to share in the capital gains earned on
D. I, II, and IV only
Answer: D
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 B
B. Option E
C. Option F
D. Option C
E. Option A
F. Option D
Answer: C,F
Explanation:
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NEW QUESTION: 3
Where would fsck put any unreferenced file or file fragments on a ext4 filesystem?
A. back
B. recover
C. lost+found
D. lost
Answer: C