Seven years ago, sarah smith was convicted of possession of a controlled substance in a state where that violation is considered a felony. sarah has just filed an application for registration as an agent with kapco securities, a registered broker-dealer in a state where that violation is only considered a misdemeanor. when viewing this agent's application, the administrator will:

Would be subject to statutory disqualification.

Explanation:

Even though the crime is a misdemeanor, based on state where the registration is, the applicant's record will show a felony conviction and, therefore, this individual would be subject to statutory disqualification.

- "despite the fact that portia lives in belmont and has many suitors, bassanio believes that he can win her heart. bassanio plans on overcoming his financial obstacles by borrowing money from antonio to travel to belmont. he then plans on marrying portia and becoming wealthy enough to pay off his debts."