Which of the Following Statement(s) Is (Are) Correct

question 68

Multiple Choice

Which of the following statement(s) is (are) correct?

• A)Fee-only planners sell financial products, such as stocks or insurance.
• B)Commission-only financial planners/brokers live solely on the commissions they receive on the financial products (such as investments or insurance) they sell to their clients.
• C)Fee-only financial planners may benefit from steering a client to a specific financial product.
• D)From the point of view of the client there is no difference between a fee-only planner and a commission-only planner.

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Definitions:

Pulmonary Fibrosis

A lung disease that occurs when lung tissue becomes damaged and scarred, which can severely hamper respiratory function.

Silica

A tough, inert, and colorless substance found as quartz in nature and as a major component of sandstone and various other stones.

Coal Dust

Fine particulate byproduct of coal processing that can pose health risks when inhaled.

Antibiotics

Medications used to prevent and treat bacterial infections by either killing the bacteria or inhibiting their growth.