A wealthy customer is very satisfied with her registered representative. She approaches the representative to ask him if he would like to be appointed as trustee over a trust account that she is establishing for her 2 grandchildren. If he accepts, he would be paid a trustee fee. Which statement is TRUE about this?


A. The registered representative cannot act as the trustee because he already manages another account for the customer

B. The registered representative cannot act as the trustee because he cannot accept a trustee fee

C. The registered representative cannot act as the trustee because of the conflict of interest

D. The registered representative can act as the trustee without restriction

Answers

Answer 1

Answer:

C.

Explanation:

In this scenario, the statement that is true is that the registered representative cannot act as the trustee because of the conflict of interest. A registered representative is technically a fiduciary to the client, which means that they must always perform actions that are of the client's best interests. If the representative started getting paid a part of a client's asset's fee then it would be conflicting with his duties because he would also be benefiting from the financial actions he is performing which may lead to performing an action that is not necessarily in the client's best interest.


Related Questions

What change could be considered an effective sign of economic recovery from the Great Recession?

employment level in architectural and engineering services at 18,000 jobs
unemployment levels at 8 percent
architecture and construction industry demonstrating a sustainable level of growth
the gross domestic product (GDP) growing at .5 percent

Answers

Answer:

The answer is C. architecture and construction industry demonstrating a sustainable level of growth

the exponential form of 6×6×6×6 is 6 the base is 4 True or False?​

Answers

false because the base is 6 and the exponent is 4

what are the advantages of being a member of World Trade Organization​

Answers

Answer:

Explanation:

Every member country of the world trade organization enjoys the following benefits;

1. They enjoy more support for the development of their local industry

2. Member countries have access to get loan and incentives.

3. There is an existence of peacefully trading among member countries.

4. World trade organization helps members to grow their economy.

5. Through the growth of the economy, unemployment is reduced.

6. World trade organization also helps to resolve disputes among member countries

Many times a business sends out a multitude of materials to people across the country. If for every document they want to showcase particular information such as the company name or contact information, why is creating and saving a template through Quick Style templates worth the time?

Answers

Explanation:

In the Precipitation Map of Washington, the dark orange section indicates low rainfall in the region. Using the Shaded Relief Map of Washington, you can tell that this area is flat, possibly a plain. These areas normally don't get a lot of moisture. The Washington Precipitation Map has regions that are dark purple and dark orange. This means that they both get a lot of rain every year. If you look at these areas on the Washington Shaded Relief Map, you can see that these areas with a lot of rainfall are mountainous.

On the Washington Precipitation Diagram, purple/blue means more rain, and orange/red means less rain. Washington's Shaded Relief Map shows the mountains (br)

A financial adviser hosts a blog where he invites other personal finance experts to guest-blog on everything from real estate to estate taxes to tax write-offs. The variety of advice increases the site’s search engine optimization (SEO) and attracts many more potential clients for all the participating financial professionals.

Answers

Answer: build synergy

Explanation:

The scenario that occured in this situation has to do with the building of synergy.

A synergy is built in this case as the interaction with other finance experts has led to the increase in the sites search engine optimization and this ultimately brings about an increase in the number of potential clients.

A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours would the plant have to work to produce 100parts?

Answers

Answer:

The factory produces 100 parts in 50 minutes.

Explanation:

Giving the following information:

Current productibity= 100 parts/hour

Increase in productivity= 20%

This means that the factory makes 120 parts an hour or 100 parts in:

120 parts= 60 minutes

100 parts= x

x= (100*60) / 120

x= 50 minutes

The factory produces 100 parts in 50 minutes.

If there is a decrease in the price of the coffee beans used to make brewed coffee, how will this affect the equilibrium price and quantity of brewed coffee?

Answers

Answer:

equilibrium price would fall and equilibrium quantity would rise

Explanation:

A decrease in the input needed in the production of brewed coffee would make it cheaper to produced coffee. This would lead to an increase in the supply of coffee.

As a result there would be a rightward shift of the demand curve and equilibrium price would fall and equilibrium quantity would rise

HELP ME PLEASE!!
what is the most important information you can use to make a decision on a loan?
A. loan APR
B. loan length
C. bank's reputation
D. bank's lobby hours

Answers

Answer:

C. bank's reputation

Explanation:

If a bank issues loans at half prime, it won't matter if their customer service is subpar.

Answer:

Don't yell at me if I get it wrong but I think it's C.

Match the examples of the impact of the innovation of technology to their relevant sectors.
manufacturing
communication
financial products
transportation

Answers

Answer:

1. Communication.

2. Transportation.

3. Manufacturing.

4. Financial products.

Explanation:

Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental services, manufacturing, farming, transportation, telecommunications, etc.

Basically, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.

Some of the sectors that have been impacted greatly by technology includes;

1. Communication: electronic data transmission allows companies to re-order inventory immediately without human interaction. Through the use of interconnected network systems, companies can easily make order for products in real-time without human interaction.

2. Transportation: Delivery by drones allow companies to ship products without paying labor costs. Drones are automobile and usually do not need anyone to drive it like with other forms of transportation such as trains, ships, trucks, etc.

3. Manufacturing: New equipment allows a producer of windows to increase production by 25%. The introduction of a new equipment to a production line would significantly increase the level of output or productivity.

4. Financial products: Financial futures allow farmers to lock in prices of their crops. A financial future is a financial contract that obligates a buyer to buy a financial product or avails a seller an opportunity to sell his or her products at a specific price and future date.

What does it mean for the country to have a strong or healthy economy? What does it mean for the country to have a weak economy? What are some actions that can turn a weak economy into a strong economy?

Answers

Answer:

A strong economy country is a country with wealth and has a high currency value. While the currency value is low for the weak economy country.

Explanation:

A country having a strong economy means that the country is thriving and prospering. The economic growth of a strong economy have a high rate. It means the national GDP of a country is high and there is an increase in the average income of the people.

While a country with a weak economy has a lower growth rate. The poverty and unemployment rate of the country is also high. GDP growth is minimum.

Some of the important measures that can be taken to make a strong economy is that employment, education, increase national produce and services, controlling inflation, eliminating corruption and many more.

What is advertisement

Answers

Answer:

Advertising is a marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea. Sponsors of advertising are typically businesses wishing to promote their products or services.

Explanation:

List any THREEshopping skill that you will follow.

Answers

1. Comparing prices
2. Negotiating major purchases
3. Evaluating competing products
4. Separating quality from quantity when clothes shopping
5. Determining want versus need
6. Learning how to just say NO
7. Identifying the right times to buy things
8. Seeing the value in used goods
9. Avoiding shopping hungry OR emotional
10. Knowing your shopping triggers and staying away from them


There are 10 shopping skills that we can follow , you can choose any 3 from these and answer your question.

specific barriers to entry for monopolistics​

Answers

Ans: These barriers include: economies of scale that lead to natural monopoly; control of a physical resource; legal restrictions on competition; patent, trademark and copyright protection; and practices to intimidate the competition like predatory pricing.

Bourne Incorporated reports a cash balance at the end of the month of $2,445. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($78), an NSF check from a customer ($280), a customer’s note receivable collected by the bank ($1,100), and interest earned ($28).


Required:

Record the necessary entries to adjust the balance of cash.

Answers

Answer and Explanation:

The journal entries required to adjust the balance of cash as follows:

1. Cash Dr $1,128

       To Notes receivable  $1,100

       To Interest revenue $28

(Being the cash is recorded)

Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue

2. Service expense Dr $78

Account receivable Dr $280

      To cash $358

(being the cash paid is recorded)

here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets

is sueing someone for 50,000 dollars for no reason an example of integrity because recently a neighbor in my neighborhood was being rude and then continued to say that people who are not like him do not have integrity... (before get further in just know this guy smokes weed and get drunk like every day and also know one of my other neighbors works for selling houses in my neighborhood) he then sues one of my neighbors who sells houses for no reason and for 50,000 dollars. So...is this integrity lol also let me know if I should tell more crazy stories in my life on brainly lol.

Answers

Answer:

oh

Explanation:

.............................

High school is referred to as _____ education.


fundamental

secondary

vocational

primary

Answers

Answer:

secondary

Explanation:

as 10 class is rrferred to as secondary education

plz folliw me

Answer: High school is referred to as secondary education. :)

When have you seen debt cause financial problems for adults you know? What can I do to avoid or stop these financial problems when I become are an adult?

Answers

Answer:

they are mean they like to boss you around I like to tell you what to do they're all so loud mouths

PLEASE ANSWER
How do economists refer to deficits?

A) global value chain

B) negative balance of trade

C) positive balance of trade

D) comparative advantage

Answers

Global value chain

Explanation:

Top notch consultants ltd has a fixed cost is sh 15000 for it's products and a variable cost given by 140+0.04x shillings per unit, where x is the total number of units and the selling price of the product is given by 300-6x shillings per unit. Formulate the function of the total cost and total revenue.Find the break even point.

Answers

Answer:

F(x) = 15000 + (140 + 0.04x)

F(x) = 300 - 6x

15000 ÷ (300 - 6x - (140 + 0.04x))

Explanation:

Given that :

Fixed cost = 15000

Variable cost = 140+0.04x

Selling price = 300 - 6x

Number of units = x

Total cost :

Fixed cost + variable cost

15000 + (140 + 0.04x)

Total revenue :

300 - 6x

F(x) = 300 - 6x

Break even point :

Total cost = total revenue

Break even point (units) :

Fixed cost ÷ (selling price per unit - variable cost per unit)

15000 ÷ (300 - 6x - (140 + 0.04x))

Tessa is in charge of planning a marketing campaign for a new type of candy. Tessa's

company has told her that they want this candy to appeal to people who are health

conscious and interested in natural products. This is known as the

for the candy.

Answers

Answer: Candy for health conscious and love natural products

Explanation:

Endangered Species Dark Chocolate Bites is a kind of candy which has high content of cocoa and low content of sugar. It helps lower risk of heart diseases and stroke but also should be taking in moderation as excess of it won't be helpful

What is the use of this agriculture machine?​

Answers

Answer:

Agricultural machinery is machinery used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that they tow or operate. Diverse arrays of equipment are used in both organic and nonorganic farming.

Explanation:

thanks

Answer:

Professional farmers, as well as homesteaders or hobby farmers, use farm equipment to improve the productivity and efficiency at their farm. We cannot compare the use of a hand spade to the use of a tractor, as both tools have their own importance and ensure greater productivity at farms.

The only thing a farmer needs to do to be productive is to plant, reap and sow at the right time with the right equipment and in the right season. Farming needs different farm implement to be used in the various steps in farming operations. To make a significant difference and enhance the value of the produce a farmer needs to keep their farm on a stable schedule and choose the right equipment.

Uses And Importance

Accomplishing the right farming operations using the right agricultural machinery not only saves the time for a farmer but also helps to increase the fertility and efficiency of a farm.

Advantage of using the farm equipment is that they are capable of doing the maximum in minimum time, with reducing the cost of farming operations. Even at minimum speed, these farm machines have the capability to work twice as fast as human workers.

Additionally, these machines are also being upgraded and redesigned with the upcoming technologies to make them more eco-friendly. These upgrades make sure economic and environmental savings to make them compatible to further use in the future.

Here we are going to discuss the names and functions of the farm equipment that are used more often in modern farming businesses.

MB Plough

MB plough or mould board plough, is one of the tillage implements used to prepare the soil for sowing by breaking up the soil and burring weeds or competing plants. Plough, is the foremost implement used in farming and was initially upgraded in 1838 by a man named John Deere.

With the increasing Mechanization, there are many farm equipment manufacturing industries that offer different types of Plough with various functionalities to be used as tractor implement. One of such industries is Fieldking that offer a wide range of plough, including MB plough or Mould board plough, disc plough etc.

Rotavator

A rotavator or rotary tiller is the secondary tillage equipment used for the same purpose to till and prepare the soil for planting. Used as a tractor attachment it breaks up the upper layer of the soil. Spinning blades attached to either the front or rear of a tiller prepare the soil for seeding by spinning and cutting the clods in the soil.

A rotavator is one of the most common and powerful machinery that is used by Indian farmers to tilling the farms. They are also operated for a plough furrow for seeds and to make and form planting holes for planting trees or transplanting vegetation.

Explanation:

plz mark me as brilliant plz

How much can the Ball family expect to pay, per year, to raise the child from birth to 18 years of age?

Answers

Answer:

14,344 is the correct ammont that they earn.


1. Which of the following is likely to happen when a new business opens in a community?

Answers

Hsishebjsjsmssmssvuciclvkglblbohlh

Who won the 2020 super bowl?

Answers

Answer: tom brady

Explanation:

just watch the super bowl

helpp me plz now thx

Answers

What’s the question? Am I missing something?

Can anybody please provide at least 2 reasons for:
1. Why adopted children should know their biological parents' identities
2. Why adopted children shouldn't know their biological parents' identities

Thanks for anybody who helps! And please ASAP!!!!!!!!

Answers

1. Why adopted children should know their biological parents' identities

- it creates a kind of reunion among the involved parties include the children, the biological parents, and the adopted parents

- they can locate and reunate if they want to, once they have grown up

2. Why adopted children shouldn't know their biological parents' identities

- they might get hurt by trying to find the truth

- if they know that they were just adopted they can feel less of themselves even though the adopted parents love them with all their hearts

How can Lloyd's Register Group align the individual business strategies of the employees with the company's established standards through employee empowerment?

Answers

Answer: Lloyd can register groups, align them with individual business strategies of the employees with the company's established standards through not centralizing only to the top management.

Explanation:

Lloyd can register groups, align them with individual business strategies of the employees with the company's established standards through not centralizing only to the top management. The top managers should serve as role models to those they employed, motivating them to do well for the benefit of the firm. Also they should encourage ideas from their employees as this often tend to motivate employees to know some of their decisions or suggestions are valid

Red Corp. has a unit Contribution Margin of $6, Variable Expenses of $2 per unit, and Fixed Expenses of $3,000. What is Red Corp.'s break even point? A. 500 units B. 50 units C. 1,500 units D. 750 units

Answers

Answer:

A. 500 units

Explanation:

The computation of the break even point is given below:

Break even point is

= Fixed cost ÷ Contribution margin

= $3,000 ÷ $6

= 500 units

By dividing the fixed cost from the contribution margin we can get the break even point in units

Hence, the correct option is A.

HELP ASAP !!!Professional certification is always optional.
False
True

Answers

star1 me give wrong If

False

how can we develop desicion making skill on ourselves​

Answers

Answer:

Six simple steps for better decision-making skills

Start with the desired outcome. Start with squad goals. ...Rely on data and insights to spot patterns. .Use S.W.O.T. analysis. ...Simulate the outcomes. ...Trust your instincts. ...Identify your cognitive biases
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