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NEW QUESTION: 1
A manager who pays a higher commission than would normally be paid to purchase the goods or services is said to be ________ services.
A. none of these answers
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C. undercharged for
D. exploiting
E. paying up for
Answer: E
Explanation:
Explanation/Reference:
Explanation:
A manager who pays a higher commission than would normally be paid to purchase the goods or services is said to be paying up for services. This practice is a violation of fiduciary duties to the client. However, various countries' securities laws permit a manager to pay up for goods and services without violating the manager's fiduciary duty so long as the requirements of the law are followed.
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DRAG DROP
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