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NEW QUESTION: 1
AllTime Investment Advisers advertises that its phones are manned 24/7, so that a client "doesn't have to lie awake all night worrying about a financial problem." In fact, AllTime does have a answering service that answers calls in the evenings and on the weekends when its offices are closed. The service informs the caller of the firm's business hours, which will be the earliest opportunity the caller will have to talk to an investment adviser representative.
Is this a violation of any securities laws?
A. It depends. If, before a client signs a contract with the firm, it is made clear that investment adviser representatives are not, in fact, available to him 24/7, then AllTime is in the clear.
B. Yes. The Uniform Securities Act prohibits investment advisers from making deceptive statements in the solicitation of clients as well as in advising clients.
C. No. The firm's phones are manned 24/7, so it hasn't lied.
D. No. It's not a violation of any securities laws, but the firm probably won't retain many clients this way.
Answer: B
Explanation:
Explanation/Reference:
Explanation: Yes. The Uniform Securities Act prohibits investment advisers from making deceptive statements in the solicitation of its clients, so when AllTime suggests in its advertisements that a client will be able to talk to someone who can relieve his worries, AllTime has violated the law and is guilty of fraud.
NEW QUESTION: 2
Which retail segment provides a high level of service in an area of typically less than 8,000
square feet?
A. Food Service and Hospitality
B. Chain Drug/Grocery
C. General Merchandise
D. Specialty Retail
Answer: D
Explanation:
Reference:http://www.slideshare.net/Annie05/types-of-retailers-presentation(slide 28)
NEW QUESTION: 3
An engineer has two Windows hosts and a Fibre Channel storage array that are connected to a Cisco MDS
9148 Multilayer Fabric Switch. The engineer needs to add a new ESXi host to the Fibre Channel storage array.
The engineer creates a new zone and zoneset with the ESXi host pWWN and the storage pWWN and then activates the new zoneset. All the Windows hosts immediately lose storage access.
Which option describes the most likely cause of the problem?
A. A zoning conflict occurred which disconnected the Windows hosts from the storage.
B. The new zoneset deactivated the existing zoneset.
C. The storage array does not support different operating system hosts.
D. The existing zoneset was deleted when the new zoneset was activated.
Answer: A