Answer:
The remaining part of the question is:
Which statement is TRUE?
A. The registered representative needs no further licenses to sell managed accounts
B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts
C. The registered representative must post a surety bond prior to selling managed accounts
D. The registered representative is prohibited from selling managed accounts
<u>Correct Answer:</u>
B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts
.
Explanation:
Managed or wrap accounts are defined as "investment advisers" in most states. As such, the firm selling managed accounts must register as an investment adviser; and the individuals selling managed accounts for these firms must register as "investment adviser representatives" and pass either the Series 65 or Series 66 examination.
Given that <span>Jordan
routinely eats an early lunch around 11:00 am. Even if there's no clock
in sight, Jordan can tell when it's almost 11:00 am because he feels
hungry and wants to eat.
The explanation that accounts for this is </span>Jordan has become classically conditioned so that the time of the day,
11 AM, is a conditioned stimulus (CS) for him, triggering internal
bodily changes that increase his desire to eat.
Volunteers serving alcohol at a special event must
1) firstly, volunteers must be of legal age to serve alcohol at any event.
2) Volunteers must abide by all the rules and laws for alcoholic beverages in the state where an event will take place, for example, some states or cities may require the volunteer to get a one time permit to serve alcohol.
3) Volunteers must recognize signs of intoxication and professionally refuse or give any more alcohol to intoxicated persons.
4) Volunteers must observe the ages of the guest. It might be hard to ask guests for their ID, however, if in doubt request for ID before serving alcohol, and if in trouble, reach out to management, or your superior.
5) importantly, Volunteers must not serve alcohol to minors because this might land you in jail.
Answer:
Fair price of the insurance policy is $62,500.
Explanation:
We have given that an investment that will pay you and your heirs $5000
So the annual cash flow = $5,000
It is given that you can earn 8 % annually on your money
Required rate of return = 8%
We have to find the fair price for the investment
Price of this annuity 
Fair price for the investment is $62,500.
