What are some of the consideration for an investor considering gearing strategy? i. The investor risk profile ii. The cashflow position of the investor iii. The insurance needs of the investor iv. The investment returns v. The cost of capital

Select one:

a.

I only

b.

IV, and V

c.

I, II, III, IV and V

d.

I, II, and IV and V

2.

John is starting a new business and visits Tom a Financial Planner and asks for advice on what insurance he will need for his business.

Which of the following is most correct?

Select one:

a.

The advice can only be explicit based on what the client asked for.

b.

Its implicit that John is seeking advice about what business risks need to be insured.

c.

Tom is not required to discuss with John the subject matter of the advice he is seeking.

d.

Risk management can only be considered if Tom has specifically asked for it to be considered