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NEW QUESTION: 1
You are an investment adviser representative. Your client, Mr. I. M. Pulse, calls you with what he thinks is
exciting news. He just passed a restaurant and saw Microsoft's Bill Gates having lunch with a local
entrepreneur who owns a small firm in the computer software industry that trades on the OTC pink sheets.
He is sure that this means Microsoft is negotiating a purchase of the smaller company and instructs you to
take the cash balance in his account and buy shares of the local company. You should
A. call your supervisor and alert him immediately of Mr. Pulse's attempt to have you place an illegal order
on his behalf in case Mr. Pulse decides to place the order elsewhere.
B. advise Mr. Pulse that he may be jumping the gun, but place the order if he insists.
C. do both A and B.
D. tell Mr. I.M. Pulse that this would be an illegal insider trade and that you are unable to fulfill his request.
Answer: B
Explanation:
If Mr. Pulse wants you to place an order to buy a firm that he thinks will become a target of
Microsoft based on seeing Bill Gates and the owner of the firm dining together, you should, as his adviser,
inform him that he may be jumping the gun and drawing a false conclusion, but you should place the order
if he continues to insist. It is a legitimate order, and you are obligated to follow his instructions. It does not
constitute illegal insider trading because Mr. Pulse has no way of knowing what the two men were talking
about. They may just be old high school buddies catching up on the news.
NEW QUESTION: 2
What is the subnet broadcast address of the LAN connected to Router1?
A. 192.168.8.63
B. 192.168.8.127
C. 192.168.8.31
D. 192.168.8.15
Answer: D
Explanation:
The IP address assigned to FA0/1 is 192.168.8.9/29, making 192.168.8.15 the broadcast address.
NEW QUESTION: 3
Major amendments to a prospectus can be made:
A. always in the case of default payment
B. at the discretion of the issuer and after the launch
C. only by the custodian with the consent of the issuer
D. only with the consent of the note holders
Answer: D