Acustomer enters a bank branch where he has a savings account and is approached by the branch manager who asks: are you interested in earning a higher rate of return"

Complete Question: A customer enters a bank branch where he has a savings account and is approached by the branch manager who asks: "Are you interested in earning a higher rate of return than we offer on our savings accounts? Let me introduce you to our securities representative." If the customer opens a securities account, which disclosure is NOT required to be made?

A. Securities products are not insured by the Federal Deposit Insurance Corporation

B. Securities products are not deposits or other obligations of the financial institution

C. Securities products are subject to investment risks, including possible loss of principal

D. Securities products are subject to taxation of income and capital gains

D. Securities products are subject to taxation of income and capital gains.

Explanation:

Disclosure (D) in the question above is not required to be made since it is a known fact that taxes will be paid on the income from the securities just like almost any other income.

Cheers. happy holidays.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy

answer; read and consider the content of the items;