Alfred is a Partner. His dependent daughter wants to try making investmentsusing an app on her mobile phone. What must Alfred do?Advise her that before selecting any investments she must check withAlfred, who will then check KICS to determine if the investment isrestricted.Record the name of the app in KICS.Advise his daughter that the amounts invested must be less than $100, sohe can clearly demonstrate they are not material.Nothing. Mobile phone apps are typically online games and not used forinvestment purposes.

Investment means formation of capital during and year a good investment fetch better return in the…

Alfred is a Partner. His dependent daughter wants to try making investments using an app on her mobile phone. What must Alfred do? Advise her that before selecting any investments she must check with Alfred, who will then check KICS to determine if the investment is restricted. ORecord the name of the app in KICS. Advise his daughter that the amounts invested must be less than $100, so he can clearly demonstrate they are not material. O Nothing. Mobile phone apps are typically online games and not used for investment purposes.

Alfred is a Partner. His dependent daughter wants to try making investments using an app on her mobile phone. What must Alfred do? Advise her that before selecting any investments she must check with Alfred, who will then check KICS to determine if the investment is restricted. ORecord the name of the app in KICS. Advise his daughter that the amounts invested must be less than $100, so he can clearly demonstrate they are not material. O Nothing. Mobile phone apps are typically online games and not used for investment purposes.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter6: Saving And Investing

Section6.2: Investing: Taking Risks With Your Savings

Problem 4R

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