Question: A client has inherited $ 9 9 , 0 0 0 funds to invest and wishes to use the proceeds to buy a mutual fund

A client has inherited $99,000 funds to invest and wishes to use the proceeds to buy a mutual fund that has breakpoints at $10,000 intervals. The advisor accepts the customer purchase order without making any additional disclosures. Which statement is TRUE?
The advisor has committed a violation known as a breakpoint sale
The advisor has acted property
The advisor was required to tell the customer about the family of funds feature
the advisor has committed a violation known as backing away
A client has inherited $ 9 9 , 0 0 0 funds to

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