The president of an investment advisory firm is also a registered representative of a broker-dealer. this fact is disclosed in the adviser's disclosure document. the president buys 50 partnership units for his clients who are suitable. the president does not disclose to the clients that he receives a commission on each partnership unit purchased by his clients. under nasaa rules on unethical business practices for investment advisers and federal covered advisers, is this permitted?

a. yes, because the president is properly registered as an agent of a broker-dealer and this fact is disclosed in the adviser's disclosure document
b. yes, because the adviser determined the suitability of the investment for each of his clients
c. no, because the adviser should have specifically informed each client that he would earn a commission on each limited partnership unit sold
d. no, because officers of investment advisers are not permitted to receive commissions on recommended transactions in addition to collecting an advisory fee

Computing depreciation, net book value, and gain or loss on asset sale lynch company owns and operates a delivery van that originally cost $46,400. lynch has recorded straight-line depreciation on the van for four years, calculated assuming a $5,000 expected salvage value at the end of its estimated six-year useful life. depreciation was last recorded at the end of the fourth year, at which time lynch disposes of this van. compute the net bookvalue of the van on the disposal date.

You have learned that there are many ethical concerns surrounding genetic research, and it's important to be familiar with them. for this project, you will write a persuasive essay about an ethical question in biotechnology. directions the goal of a persuasive essay is to convince people to agree with you. it is important to support your opinion with facts. a persuasive essay is not simply a description of your beliefs. be sure to organize your information, give clear examples, and build your argument carefully. read the following genetics topics below. choose a topic and then decide what side you are on. remember that there is no "right" or "wrong" side. ethical questions often have many points of view. research your topic and write a 400 word persuasive essay. topic 1: should insurance companies have the right to learn the genetic profiles of the people they insure? topic 2: should employers have the right to learn the genetic profiles of the people they hire? are there special considerations for employees in jobs in which there is a high risk to others, such as airline pilots, doctors, or bus drivers? topic 3: should scientists who identify genes and create new genetic engineering techniques have the right to patent their methods for their own profit?

Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?