Elag for Review Guta, a Dealing Representative, becomes concerned that her elderly client is declining with age and no longer has the mental capacity to make financial decisions for his account. Which of the following statements about how Guta may proceed is CORRECT? Guta can assume discretionary authority over the account. Guta can speak to the designated Trusted Contact Person (TCP) Guta can be appointed as the Power of Attorney (POA). Guta can accept instructions from the designated beneficiary Recording Which of the following is typical for a normal yield curve? O short and long term rates are the same O long term rates are lower than short term rates ◇ yields decline as term to maturity increases O short term rates are lower than long term rates
Elag for Review Guta, a Dealing Representative, becomes concerned that her elderly client is declining with age and no longer has the mental capacity to make financial decisions for his account. Which of the following statements about how Guta may proceed is CORRECT? Guta can assume discretionary authority over the account. Guta can speak to the designated Trusted Contact Person (TCP) Guta can be appointed as the Power of Attorney (POA). Guta can accept instructions from the designated beneficiary Recording Which of the following is typical for a normal yield curve? O short and long term rates are the same O long term rates are lower than short term rates ◇ yields decline as term to maturity increases O short term rates are lower than long term rates
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Elag for Review
Guta, a Dealing Representative, becomes concerned that her elderly client is declining with age and no longer has the mental capacity
to make financial decisions for his account. Which of the following statements about how Guta may proceed is CORRECT?
Guta can assume discretionary authority over the account.
Guta can speak to the designated Trusted Contact Person (TCP)
Guta can be appointed as the Power of Attorney (POA).
Guta can accept instructions from the designated beneficiary
Transcribed Image Text:Recording
Which of the following is typical for a normal yield curve?
O short and long term rates are the same
O long term rates are lower than short term rates
◇ yields decline as term to maturity increases
O short term rates are lower than long term rates
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