Question

empt 1: Investment Foundations Final Examination
Section 1 of 1
HEN
Question 1 of 100
Q. The manager of a discretionary account places client funds in a suitable investment because it provides a higher
commission than alternatives that are also suitable for the client. The selected investment subsequently appreciates in
value. This investment manager did not
A. place the client's interests first.
B. face an ethical dilemma because the investment was profitable.
C. have a conflict of interest because the investment was suitable for the client.​

Answer 1

Answer:

C) have a conflict of interest because the investment was suitable for the client