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NEW QUESTION: 1
Ms. Scatty is a registered representative with a well-known family of mutual funds. When selling one of
the funds, she forgets to give her buyer a prospectus. Which of the following statements is true?
A. Since mutual funds are not covered under the Securities Act of 1933, there is no liability in this
instance.
B. Ms. Scatty can be held civilly liable under the Securities Act of 1933.
C. Both A and B are true statements.
D. Ms. Scatty can be held criminally liable under the Securities Act of 1933.
Answer: B
Explanation:
If Ms. Scatty forgets to give her buyer a prospectus when selling one of the funds, she can
be held civilly liable under the Securities Act of 1933. Unless there was an intent to defraud, she is not
subject to criminal penalties. The purchase and sale of mutual fund shares fall under the Securities Act of
1 933.

NEW QUESTION: 2

A. Option A
B. Option B
C. Option D
D. Option C
Answer: D

NEW QUESTION: 3
A company wants to set up a new department using private cloud resources. The new department needs access to sales and financial data, but it should be prohibited from accessing human resources data. Which of the following is the BEST option to configure on the virtual (software-defined) network to meet these requirements?
A. GRE
B. VLAN
C. VSAN
D. VPN
Answer: B

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