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NEW QUESTION: 1
The Bubba Insurance Company is not incorporated. It consists of Bubba and his two brothers as general partners, who maintain an active securities account in the name of the company. If one of the partners should suddenly die, what course of actions should be undertaken by the registered representative at the brokerage?
A. freeze the account from further activity until a death certificate and new partnership agreement are furnished to the brokerage
B. distribute the assets in the account to the surviving partners
C. no special action is required because the death of a single partner does not terminate the partnership agreement
D. execute sell orders but do not accept buy orders or distribute assets from the account until a new partnership agreement is provided to the brokerage
Answer: D
Explanation:
Explanation/Reference:
Explanation: execute sell orders but do not accept buy orders or distribute assets from the account until a new partnership agreement is provided to the brokerage. Sell orders may be accepted but not buy orders or distributions.
NEW QUESTION: 2
A. Option B
B. Option D
C. Option A
D. Option C
Answer: C
NEW QUESTION: 3
Which statement that compares Cisco and Microsoft collaboration solutions is true?
A. Only Cisco supports integration with third-party collaboration solutions.
B. Microsoft offers a complete solution including endpoints, business video, and soft clients.
C. Only Cisco offers an end-to-end collaboration solution that includes applications, endpoints, room systems, and infrastructure.
D. Microsoft Lync is free. Licenses are included in other Microsoft bundles so no incremental costs are required to deploy the full collaboration solution.
Answer: C