Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Free Preparation Discussions
MENU
Finra Exam Series-6 Topic 4 Question 64 Discussion
Actual exam question for
Finra's
Series-6 exam
Question #: 64
Topic #: 4
[All Series-6 Questions]
Topic #: 4
ion No: 308
Ms. Newbie, a newly-minted registered representative with Savvy Investments, just had her first client walk through the door. The new account form that the client receives a copy of must contain the signatures of:
i. the client.
ii. Ms. Newbie.
iii. Ms. Newbie's branch manager/supervisor.
Suggested Answer:
C
The true statement is that Ken never has to repay the loan, but if he chooses not to do so, his wife, Barbie, won't get as much when he dies. He can borrow up to at least 75% of the cash value, but there is interest charged on the loan. (In essence, he's paying interest to himself, though.)
Penney
6 days ago