Answer:
D. under no circumstances
Explanation:
An investment adviser uses his investment knowledge to guide his client with respect to investing in stocks and other securities so as to maximize client's gain.
In return for his services, an investment adviser charges a certain fee from the clients.
As per the Uniform Securities Act, an investment adviser is prohibited from sharing the profits of the client which could be in the form of any dividend/interest receipts or capital appreciation.
Thus, under no circumstances, an investment adviser is permitted to share profits of the client.
Answer:
The correct answer is C that is $(140,000)
Explanation:
Elimination of the North Division will result in the overall net income or loss which is computed as:
Elimination of the North Division will result in the overall net income or loss = South Net Income (NI) - North's allocated costs
where
South Net Income is $100,000
North's allocated costs is $240,000
So,
= $100,000 - $240,000
= $(140,000)
Therefore, it will result in loss of $140,000
Note: The Net Income will be decline or decrease by $240,000 when the division was dropped.
Answer:
Policy owner
Beneficiary
Face amount
Insured
Explanation:
John is both the “Policy owner” and the “Beneficiary” who will receive the “ Face amount” upon the death of Betty, the “Insured”.
The term policy owner is used to refer to a person who buys and pays the premium. At the same time, a beneficiary is a person who receives the face amount that was on the name of the insured (Betty).
It is given that John has bought the policy and paying the premium so he is the owner. Moreover, he is the beneficiary because he is getting the insurance amount after the death of betty who is insured.
Answer: it is ethical if the restaurant is to be opened outside the community.
Explanation:
Answer:
D. Changes in federal expenditures
