Ethics Q from Mock Test

CFA Level I Ethics
#1

My question - I don’t think the answer should be A because the term “aggressive” was used in describing Randolf’s requirements, and the word “low yielding” by no means indicates aggressiveness in investment to me. Or am I wrong? Have a look at the question below - ----------------------------------------------

[Question and answer removed by admin]

#2

Yield I think is referring to dividends, at least that is how I saw it. Small-cap stocks are volatile and aggrssive.

See example 1, page 80 - Duties to Clients - Suistanbilltiy.

#3

Aah, yes of course- I should’ve thought this through more thoroughly.