Answer:
D. This action cannot be taken because the compensation to the Adviser is excessive
Explanation:
A Registered Investment Adviser has established an enviable track record and decides that it should increase its asset management fee to reflect the increased value of its services. The Adviser amends its contract to include a fee equal to 5% of assets under management, charged each month to the client. This fee structure is disclosed in the Form ADV Part 2 filed with the Administrator and each customer signs a new advisory contract. Which statement is TRUE?This action cannot be taken because the compensation to the Adviser is excessive
Charging excessive fees is prohibited and a fee of 5% of assets per month is a 60% annual fee which is clearly an unbelievably high fee! The fee cannot be justified by including it in an amended Form ADV Part 2 filed with the Administrator so it would likely not be picked up by the Administrator unless there was a customer complaint.
Answer:
Logrolling the rent seeking groups
Explanation:
The politician is a logrolling the rent seeking groups.
Logrolling is a person who who practice the exchange of favors especially in politics by vote trading each members of the group so that the interest of each legislative member will be passed and all of them will benefit from it .t
The politician is logrolling rentseeking because he practice exchange of favors or traded to as to gain more wealth without any reciprocal of productivity and revolves around government funding social services.
Answer: . A and C are correct
Explanation:
A stress resistance person see beyond the pain of the present but the result that is ahead and would not give in to weakness.
They are willing to accept new challenges as they see it as opportunity for growth and development and would put in all effort to see it achieved.
Stress resistance individual are dedicated, committed and true to a course they select until finish.
Answer:
a. sought to guarantee that one could not be denied suffrage rights based on race.
Explanation:
Reconstruction era brought three amendments which safeguards the destiny of the millions of former slaves. Fifteenth amendment of the constitution of the United States of America which was ratified in 1870, was the last among the chronological order, which address the federal and states government to not deprive any citizen the voting rights on the basis of race, color and previous conditions of servitude.
