Mutual fund transactions to get software

Assignment Help Financial Management

Reference no: EM131829054

1. Springfield Investment Advisors uses soft dollars generated with mutual fund transactions to get software that is only useful for the management of the investment firm. Which of the following statements is CORRECT?:

A. Not permissible since items purchased with soft dollars must provide at least 50% of their benefits to the client.

B. Permissible since items purchased with soft dollars must provide a benefit to the firm.

C. Not permissible since items purchased with soft dollars must provide a benefit to the client.

2. Business ethics translate values into appropriate and effective foundational behaviors that

a. translate into the company's ability to expand its business base

b. ultimately build and strengthen partnering relationships

c. help increase the sales person's ability to make a sale.

d. help a company attract larger and more significant sales

e. help build the company's reputation for Innovation and cutting-edge products

Reference no: EM131829054

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