Answer:
That statement is false.
Explanation:
It's the other way around.
The licensing and regulation of financial advisers is actually a way for government to protect customers from unqualified 'financial firms' that might screw them over.
Without any licensing or regulation, any people could pretend to be a financial advisers and trick people to put their money in their firms.
In order to obtain a license as a financial advisers, you need to pass the test called <u>Investment Company and Variable Contracts Products Representative exam, </u>
Obtaining this license means that you're knowledgeable enough in finances and has the credibility to give safe/correct advice for the customers.
I will keep it if it didn’t have a track or have a tag to belong to someone
Retained profits have several major advantages: They are cheap (though not free) – effectively the "cost of capital" of retained profits is the opportunity cost for shareholders of leaving profits in the business (i.e. the return they could have obtained elsewhere).
Answer:
The answer is network.
Explanation:
Network is a way of interacting with others to exchange some information or establish social contacts. Since Jacob has built up a wide range of contacts, clients, and local business neighbors over the years as mentioned in the statement, he will generally leverage on the network he has developed with these individuals as he intend to move to another phase of his career.
Answer:
A. Holiday lights in mid-December: Scarce on occasion: Holiday lights are only scarce on holiday season when the demand increases.
B. Air regardless of quality: Not scarce
: Only high quality air (clean) is scare.
C. Land: Inherently scarce: No matter what we do, our planet is only one.
D. Patented goods: Artificially scarce: Patents are scarce because a law protects them.
E. Original Picasso paintings: Inherently scarce: Picasso is dead, so he cannot paint anymore.
