Mr. Smith has been considering the purchase of a mutual fund and has decided he wants to buy $8,000 of the fund but only has $4,000 to invest now. He asks you, his registered representative, to lend him the other $4,000 which he will repay in 2 months. Which of the following is correct about this situation?

[A] The rep may lend the customer the funds as long as the agreement is in writing.
[B] The rep should establish a margin account for the customer and buy the fund shares on margin.
[C] The rep must deny the customer's request for a loan.
[D] The rep may lend the customer funds with the firm's prior approval.

As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to

Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?

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