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NEW QUESTION: 1
An investment adviser suggests that his client, Arnold, a 74-year old gentleman, should consider a
reallocation of the assets in his portfolio. The adviser tells Arnold that he has far too much invested in
bonds, which don't earn as much as stocks. He advises Arnold to take 80% of the money he has in bonds
and invest it in an aggressive growth mutual fund that has provided an average annual return of 40% over
the past three years. Arnold is impressed and follows this advice. Shortly thereafter, there is a steep drop
in the market in general, and the net asset value of the aggressive growth mutual fund falls 85%. Does
Arnold have any remedies available to him?
A. Yes. Arnold can sue for the amount of his losses, plus interest, court costs, and attorneys' fees.
B. No. The investment adviser had no way of knowing that the market was going to fall when he provided
the advice, so the adviser did not fail in his fiduciary responsibility to Arnold.
C. Yes. Arnold can sue for the amount of his losses, plus interest, as well as an amount assessed by the
court for "pain and suffering."
D. No. Arnold had the choice and got greedy. As the old saying goes, "Bulls get rich, and bears get rich,
but pigs get led to slaughter."
Answer: A
Explanation:
If Arnold loses his money because he took the advice of his investment adviser and
reallocated a large percentage of his money from bonds to an aggressive growth mutual fund, he can sue
the investment adviser in civil court for the amount of his losses, plus interest, court costs, and attorneys'
fees. The courts do not award damages for "pain and suffering" in these cases. The investment adviser
failed in his fiduciary responsibility to Arnold in recommending that a 74-year old man reallocate a large
percentage of his money from the relative safety of bonds to the much riskier investment of an aggressive
growth mutual fund.
NEW QUESTION: 2
Sukumar is having an issue and has contacted IBM support. IBM Support has requested that he use the IBM Support Assistant (ISA) Lite tool to help them troubleshoot the issue. Which of the following describes how this tool can be used to help IBM Support resolve the issue?
A. ISA Lite allows IBM Support to download information from the machine for review to troubleshoot the issue.
B. ISA Lite collects information and allows IBM Support to access the machine and troubleshoot the issue.
C. ISA Lite allows IBM Support to access the machine and troubleshoot the issue.
D. ISA Lite collects information to send to IBM Support for review to troubleshoot the issue.
Answer: D
NEW QUESTION: 3
Given: The Marketing department's WLAN users need to reach their file and email server as well as the Internet, but should not have access to any other network resources.
What single WLAN security feature should be implemented to comply with these requirements?
A. Group authentication
B. Captive portal
C. RADIUS policy accounting
D. Role-based access control
E. Mutual authentication
Answer: D
NEW QUESTION: 4
Which of the following are true about the Product Owner role? (Choose two.)
A. Multiple people can share the Product Owner role on a Scrum Team.
B. The Product Owner is accountable for ordering the Product Backlog.
C. The Product Owner is one person.
D. The Product Owner role can be played by a committee or a team of people.
Answer: B,C