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Vinvika [58]
3 years ago
15

Under the NASAA Statement of Policy, an agent of a broker-dealer that has discretionary authority would NOT be subject to the pr

ohibition on excessive trading of a customer account as long as the:
A. customer consents in writing to each recommended transaction
B. account is a non-managed fee based account
C. account has consistently increased in value
D. broker-dealer discounts the commissions charged to customers that are active traders
Business
1 answer:
denis-greek [22]3 years ago
5 0

Answer:

The correct answer in the given situation is as follow:

A. customer consents in writing to each recommended transaction

Explanation:

NASAA:

It is known as The North American Securities Administrators Association which is such regulatory body that operates in North America, Canada and Mexico regarding small businesses, local communities and public funding.

  • According to the NASAA statement of policy, the agent of a broker-dealer can't use any discretionary authority until unless he has written consent from the client.
  • So, according to above statement, the broker dealer that has discretionary authority would not be subject to the prohibition on excessive trading of a customer account as long as the customer consents in writing to each recommendation transaction.
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A leader who is more about collaboration than command and control would be said to be _____________ .
yanalaym [24]

Answer:

The correct answer is letter "A": an interactive leader.

Explanation:

Interactive leaders are those who are involved in the day-to-day activities of their subordinates coordinating what is necessary for them to perform their activities efficiently. These leaders promote a horizontal hierarchy within their companies.  

Interactive leaders are seen as power-sharing executives since they do not limit subordinates' decision-making but monitor them closely to verify if they are meeting the expectations that will contribute achieve the overall goal of the team.

8 0
3 years ago
A small business that makes household products buys new injection molding equipment for a cost of $500,000. This will allow the
olya-2409 [2.1K]

Answer:

$270,000

Explanation:

Estimated increase in sales of 20%

Clothespins per year 75 tons

Sales of Clothespins 18,000 per ton

Hence

0.20 × 75 × 18,000 = $270,000

Therefore what will be the increase in revenue next year from the new equipment will be $270,000

8 0
4 years ago
Research three successful entrepreneurs. Directions Use the Internet to research any three successful entrepreneurs of your choi
Natalka [10]

Conducting research on three successful entrepreneurs, we came to three relevant names in the current scenario, which are Jeff Bezos, Steve Jobs and Mark Zuckerberg.

Now let's briefly learn a little more about the profile of each of them:

<h3>Jeff Bezos</h3>

Jeff Bezos is the richest man in the world right now. His success story begins with the visionary idea of ​​founding Amazon in 1994, the pioneer in e-commerce in the world.

The essential characteristics of Bezos to be so successful were his visionary, methodical and innovative personality, since already at the beginning of his entrepreneurial trajectory, he was transparent with the shareholders that the company would take at least five years to generate profits.

<h3 /><h3>Steve Jobs</h3>

He founded Apple in 1976, one of the most valuable computer companies in the world, whose products revolutionized the history of personal computers, cell phones, music, etc.

Jobs' characteristics that helped him to create a successful brand were his persistence, hard work and perfectionism with which he performed his tasks.

<h3>Mark Zuckerberg</h3>

He became known for being the creator of faceb00k in 2004, the most accessed social network in the world, which expanded rapidly, with the acquisition of the most downloaded apps of the decade and made Zuckerberg one of the most successful entrepreneurs of the world.

His reserved and work-focused personality meant that he took advantage of opportunities to improve and extend his business, from acquiring new social media and innovating his company to a media and technology conglomerate.

Therefore, through the profile of these three famous entrepreneurs, it is possible to perceive similar character traits that were vital to the success of their companies, such as being a visionary leader, seeing unique opportunities to innovate through persistence and hard work.

Find out more information about entrepreneurship here:

brainly.com/question/353543

6 0
2 years ago
At the conclusion of a tort trial the jury finds the plaintiff about 30% responsible for the damages she suffered and the defend
KonstantinChe [14]

Answer:

The answer is: $70,000

Explanation:

70% of the total damages equals $70,000 (70% x $100,000)

Comparative negligence refers to a legal defense used by the defendant to reduce the amount of damages that a plaintiff can recover. This is based on what percentage of the plaintiff's damages could be attributed to the plaintiff's own negligence.

6 0
3 years ago
Ithilium, a European country, is able to produce more electronics than Kilim, a North American country, even though both countri
ziro4ka [17]

Answer:

c. absolute advantage over Kilim.  

Explanation:

Ithilium, a European country, is able to produce more electronics than Kilim, a North American country, even though both countries use the same amount of resources. Given this information, it can be deduced that Ithilium has absolute advantage over Kilim.  

Comparative advantage refers to when a company produces the same number of outputs with <u>lower opportunity costs </u>while absolute advantage is when a country <u>produces more outputs from less resources</u>.

In the scenario, we are not given opportunity costs and we are not looking at the costs of producing a unit of output but rather how much output a country can get from a given level of resources which is in line with the concept of Absolute Advantage.

.  

7 0
3 years ago
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