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Insurance law (IL) Exam
- Exam Number/Code : M05
- Exam Name : Insurance law (IL) Exam
- Questions and Answers : 213 Q&As
- Update Time: 2019-01-10
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NEW QUESTION: 1
A. Option D
B. Option B
C. Option A
D. Option C
Answer: D
NEW QUESTION: 2
Jake Stan, a CFA Charterholder, is writing an unfavorable research report on a company called PKO.
Larry Spelt, who is Jake's supervisor and who is NOT a CFA Charterholder, informs Jake that the firm is about to underwrite a large stock offering for PKO. Larry tells Jake to please upgrade his research report on PKO to reflect a purchase recommendation. Jake does this without disclosing the underwriting activity.
According to Standards of Professional Conduct, which Standard/s of Professional Conduct has/have been violated?
I). Standard V A - Diligence and Reasonable Basis.
II). Standard VI A - Disclosure of Conflicts to Clients and Prospects.
A. Both I and II.
B. II only.
C. I only.
Answer: A
Explanation:
Jake has changed his opinion on the stock and has also not informed the firm participation in the offering to clients. He has therefore also violated Standard V A
- Diligence and Reasonable Basis and Standard VI A
- Disclosure of Conflicts to Clients and Prospects.
NEW QUESTION: 3
Which event types in SAP Ariba Sourcing can be configured to allow competition so that suppliers can see their bid rank or the current lead bid?
There are 2 correct answers to this question.
Response:
A. Reverse Auction
B. Request for Proposal
C. Quick Quote Posting
D. Request for Information
Answer: B,D
Explanation:
https://www.ariba.com/ariba-network/ariba-network-for-suppliers/selling-on-ariba-network/respond- to-an-rfp-rfi