Which of the Following Is Required by the Investment Advisers

question 85

Multiple Choice

Which of the following is required by the Investment Advisers Act to disclose their background and any conflicts of interest?

• A) professional investment advisers
• B) accountants and lawyers
• C) stockbrokers
• D) all of the above

Understand the basic requirements for a contract to be considered legal and binding.

Recognize the factors that lead to the classification of contracts as void, voidable, unenforceable, or illegal.

Distinguish between different types of contracts based on their legality and enforceability.

Identify the role of intention in forming a legally binding contract.

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Definitions:

Title VII Of The Civil Rights Act

A section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Class Action Lawsuit

A legal proceeding where one or several individuals sue on behalf of a larger group of people who share common legal claims or injuries.

Executive Order 11246

A U.S. government directive that requires government contractors to engage in affirmative action to ensure that employees are treated without regard to race, color, religion, sex, or national origin.

Punitive Damages

Financial compensation awarded in lawsuits, over and above the actual loss, intended to punish the defendant for malicious or extremely negligent actions.