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MLC714 Legal Requirements Imposed by Regulators of The Financial Advice Industry Assignment Sample


Financial Advice Regulation 1. Victor Provided Tim And Nancy With Their Fees Disclosure Statement (FDS) On 1 August 2019 A Fee Disclosure Statement (FDS) is a yearly statement from an adviser giving personal advice to trade clients. It provides facts about the previous 12 months of an ongoing fee arrangement. Fee recipients must give clients an FDS on an annual basis, which discloses information about the previous 12 months of their ongoing…

National Credits and Taxes Economic Assessment Answers


National Credits Taxes Economic Assignment Solution The aim of national credit is includes To promote and advance the social-economic welfare. To protect the consumer. To promote a fair, transparent, competitive, sustainable as well as effective credit market industry. Option d is correct as the credit and investment Ombudsman describe about an alternative for the resolution disputes, providing an external dispute resolution scheme and m…

FHA Loan for the Home Buyers | Property Investment Assessment Answers


Best Type of Loan - FHA Loan for Home Buyers The best type of loan is FHA for the home buyers. And after reviewing the condition we see that this type of loan is suitable for them. This type of loan is helpful as because there would be lower credit requirement for this type of loan . Total Assets Existing property Investment savings 520,000 54,000 4950 578,590 Total Liabilities Mortgage Personal Loan Credit Card Limit 356,000 14,…

Finance - Settlement of the Futures Contract Assessment Answer


Finance Name Institution Question 1 F (0,T)S0(1r)T Price 2114.37 (1 0.038) (326/365) 2114.37 (1 0.038) (0.8932) 964.62 Question 2 It is false to claim that both the forward and future prices are always the same. Reason Both the future and forward prices on an underlying asset imply that the futures and forward contract increases meaning that there might be no daily difference arising. The daily settlement of the futures contract and t…

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