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NEW QUESTION: 1
Which of the following statements regarding a letter of intent is true?
A. An investor has 12 months in which to invest the amount stipulated in the letter.
B. Reinvested dividends and capital gain distributions count toward the amount stipulated in the letter of
intent.
C. A letter of intent may be backdated up to 90 days so that any purchases made during that prior time
period will count toward making a breakpoint.
D. An investor who signs a letter of intent and does not invest the amount stipulated must make up the
difference between the sales charge he paid and what he should have paid, plus interest.
Answer: C
Explanation:
The true statement is that a letter of intent may be backdated up to 90 days so that any
purchases made during that prior time period will count toward making a breakpoint. An investor has 13
months in which to invest the amount stipulated in the letter. The invested funds must consist of new
money; reinvested dividends and capital gain distributions don't count. If the amount stipulated in the
letter of intent is not invested during the 13 months, the investor must only make up the difference
between the sales charge he paid and what he should have paid, given that he didn't qualify for the
breakpoint. No interest is charged on the difference.
NEW QUESTION: 2
A. REST API
B. SSL
C. SOAP
D. XML
Answer: A
NEW QUESTION: 3
In which of the following plans is an employee most likely to find guidance on action and performance standards?
A. Strategic plans.
B. Mission plans.
C. Operational plans.
D. Tactical plans.
Answer: C
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