Answer:
The answer is TRUE.
Explanation:
According to the act, anyone who provides advice or makes a recommendation on securities (as opposed to another type of investment) is considered an investment adviser.
You didn’t add any options here but I’ll define feudalism for you. Feudalism is a military hierarchy where the ruler offers troops land in exchange for military service. The individual who accepts this offer is called a vassal. The ruler who offered the land is known as the vassal’s lord.
Many indentured servants chose to move to Pennsylvania would be my guess. I can't be completely sure.