Which of the following is a requirement for a client to be treated as a professional client?
A – It is essential that no advice is given. It is essential that no advice is given.
B – The client refuses to disclose information to you.
C – The client must confirm their agreement in writing.
D – The professional client basis will apply to all new investment business.
C: A professional client must confirm their status in writing
After an agency relationship ends, what is the correct treatment of information that was confidential during the life of the agency?
A: The information is only confidential while the agency is operational B: The information must remain confidential, even after the agency has ended
A: A promise by the insurer that cover will continue as long as the premium is paid by the insured B: A promise by the insured that the items of value will be stored in a locked safe overnight