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Choose the most appropriate statement with regard to best interests duty and related obligations? a....

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Accounting

Choose the most appropriate statement with regard to best interests duty and related obligations?

a.

Best interests duty and related obligations are applicable when financial advice is provided to customers.

b.

Best interests duty and related obligations are applicable when general advice is provided to retail clients.

c.

Best interests duty and related obligations are applicable when personal advice is provided to retail clients.

d.

Best interests duty and related obligations are applicable only to financial service providing entities.

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