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NEW QUESTION: 1






Answer:
Explanation:

NEW QUESTION: 2
Refer to the exhibit. Which command us used to control the type of routes that are processed in incoming route updates?
A. distribute-list 1 in
B. ip vrf forwarding
C. passive-interface
D. distribute-list 1 out
Answer: A

NEW QUESTION: 3
The discretionary powers over a clients' accounts differ between broker-dealers and investment advisers in that
A. A broker-dealer can execute a discretionary transaction for a client upon receiving only verbal authority initially, followed up by written authority to be received within 10 days of the order, whereas an investment adviser must require that written authority for the transaction is in the mail before proceeding with the transaction.
B. An investment adviser can execute a discretionary transaction for a client upon receiving only verbal authority initially, followed up by written authority to be received within 10 days of the order, whereas a broker-dealer must require that written authority for the transaction is provided before the transaction even takes place.
C. A broker-dealer can execute a discretionary transaction for a client upon receiving only verbal authority initially, followed up by written authority to be received within 10 days of the order, whereas an investment adviser must require that written authority for the transaction is provided before the transaction even takes place.
D. An investment adviser can execute a discretionary transaction for a client upon receiving only verbal authority initially, followed up by written authority to be received within 10 days of the order, whereas a broker-dealer must require that written authority for the transaction is in the mail before proceeding with the transaction.
Answer: B
Explanation:
Explanation/Reference:
Explanation: The discretionary powers of a broker-dealer and an investment banker differ in that an investment adviser is allowed to execute a discretionary transaction for a client upon receiving verbal authority only, as long as it is followed up with a written authorization within 10 days, whereas a broker- dealer is prohibited from executing a discretionary transaction unless it has already received written authority for that transaction.