Question
I need help with this 1) Because Marcel and Maria are planning a 1-year mission trip to Africa, they decide to draft a power of
I need help with this
1) Because Marcel and Maria are planning a 1-year mission trip to Africa, they decide to draft a power of attorney naming Maria's father as the person to take care of their financial arrangements while they are away. Maria's father will be known in the document as the:
attorney.
proxy.
director.
agent.
2) Why might Sheila seek the help of a financial advisor?
I.She lacks the time to manage her own investments.II.She lacks the knowledge to make informed decisions.III.She lacks the confidence to implement strategies.
II only.
III only.
I and III only.
I, II, and III.
3) Johnny would like to hire a financial advisor. A financial advisor Johnny is considering said that he would not charge for his advice but would charge a 4.50% commission on any mutual funds that Johnny purchased. The financial advisor that Johnny is considering is using what type of compensation model?
Commission.
Fee-only.
Fee-offset.
Fee-based.
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