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The abc company offers a profit sharing plan to its employees. abc is in need of a short-term loan and the president of abc, who is the trustee of the plan, asks the investment advisor to liquidate some of the plans assets and use the funds for the short-term loan to the company. as a fiduciary, the investment advisor
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The abc company offers a profit sharing plan to its employees. abc is in need of a short-term loan a...
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