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NEW QUESTION: 1
The CEO of a large brokerage house informs one of the analysts that he should change his opinion from a "sell" to a "buy" on company RDE, since the CEO of RDE is a good friend of the CEO of the brokerage firm, and is not happy with the sell recommendation out on his company. What should the analyst do?
A. refuse an opinion on the company and only release factual information about the company.
B. refuse to report on the company any further.
C. have his supervisor review the opinion, and then make the change to a "buy", if the supervisor agrees.
Answer: A
Explanation:
Members shall use reasonable care and judgment to achieve and maintain independence and objectivity in making investment recommendations or taking investment action. Consequently the analyst should not change his opinion to a buy, irrespective of whether his supervisor reviews the report.
NEW QUESTION: 2
A randomly failing component is tested to r failures, and n observations are made. Degrees of freedom for calculating confidence limits on the mean should be:
Response:
A. 2r
B. n
C. n - 1
D. 2r + 2
Answer: A
NEW QUESTION: 3
When the physician failed to give the patient the lips of the famous actress she requested, the physician engaged in which of the following?
A. a breach of contract.
B. slander.
C. libel.
D. invasion of privacy.
Answer: A
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