True or False Questions:

1. Eligibility for a bonus in a contractual arrangement is possible for a CFA member, where it is dependent on the report prepared by the CFA member attracting additional investment by the public in cases where the bonus does not exceed 5 percent of the total contract amount.
2. When giving a seminar presentation to prospective clients as to the relative performance of the firm's client investment recommendations over an extended period of time, it is relevant to consider the knowledge and sophistication of the audience to whom a performance presentation is addressed.
3. One of the provisions of the CFA Code of Ethics is to use unreasonable care and independent professional judgement.