Alfred is a Partner. His dependent daughter wants to try making investments using an app on her mobile phone. What must Alfred do? Advise her that before selecting any investments she must check with Alfred, who will then check KICS to determine if the investment is restricted. ORecord the name of the app in KICS. Advise his daughter that the amounts invested must be less than $100, so he can clearly demonstrate they are not material. O Nothing. Mobile phone apps are typically online games and not used for investment purposes.
Alfred is a Partner. His dependent daughter wants to try making investments using an app on her mobile phone. What must Alfred do? Advise her that before selecting any investments she must check with Alfred, who will then check KICS to determine if the investment is restricted. ORecord the name of the app in KICS. Advise his daughter that the amounts invested must be less than $100, so he can clearly demonstrate they are not material. O Nothing. Mobile phone apps are typically online games and not used for investment purposes.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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