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Shamar Works as a Financial Adviser

question 67

Essay

Shamar works as a financial adviser. He was recently asked by the Upsilon Corp to produce a report. Because Upsilon Corp is involved in a highly complex and highly volatile field, Shamar is very concerned about making a mistake and being held liable. The company is sympathetic to that concern, and is therefore willing to make some concessions in its contract with Shamar. Assuming that he wants to perform the project, what should he do, from a risk management standpoint, to avoid the possibility of liability. Provide the single best answer to that question.


Definitions:

Tying Agreement

A contractual agreement requiring a buyer to purchase an unwanted product or service to obtain a desired one, often seen as anti-competitive.

Videocassette Recorders

Devices used to record television programs and play them back through a television, using magnetic tape cassettes.

Market Leader

A company or brand that has the highest sales or market share in a particular market or industry.

Tying Agreement

A sales practice in which the seller conditions the sale of one product on the purchase of another product.

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