C. Voluntary Exchange
Voluntary exchange means buyers and sellers freely and willingly participating in marketplace transactions.
Answer:
The life of the firm is limited to the life span of the owner
Explanation:
A sole proprietorship is a type of person run by only one person.
Because the business is run by only one person, the business tends to end when the owner dies. most sole proprietorship lack continuity after the death of the owner
The owner can raise limited amount of capital
The owner and the business are viewed as one entity. So, they don't pay separate taxes.
Answer:
B) As long as the designations have been granted by an organization and each representative is a current member who holds the designations, the firm's marketing and compliance departments would approve.
Explanation:
First of all, the RRs that are claiming to be "retirement or senior investing specialists" must be members of the organization which grants the title and the RR must hold the designation.
FINRA has nothing to do with such designations, since such designations are made by the College of Financial Planning.
Answer: decrease
Explanation:
It should be noted that there is an inverse relationship between bonds and interest rate. This implies that when there is a rise in interest rates, the prices of bond will fall and when there is a fall in interest rates, the prices of bond will rise.
Since bonds typically pay fixed interest rate, this will becomes more attractive when there's a fall in interest rates and more investors will demand for bond which will invariably lead to rise in price.