Subject Title - INSETA

6. To give advice means to:a) give factual information about productsb) make a recommendation of a financial nature to a client.Provide guidance of a financial nature to a clientc) a) and c)d) b) and c)7. Advice excludes the following:a) Procedures to do a financial transactionb) Describing a financial productc) Factual information about productsd) All of the above8. To provide an intermediary service means to:c) do something for a client, which may result in him buying aninsurance policyd) do something with a view to collecting premiums from aclientc) give adviced) a) and b)e) b) and c)9. Financial products are grouped in the various product categories andsub-categories. The following are examples of financial products inthe FAIS Act:a) Credit life insuranceb) Money market funds managed by a fund managerc) Shares in a company such as Old Mutuald) Savings and 32-day notice deposit accountse) All of the above10. The following are examples of subcategories in Category I:a) Credit life insuranceb) Money market funds managed by a fund managerc) Shares in a company such as Old Mutuald) Savings and 32-day notice deposit accountse) All of the above20 © INSETA - Section 1 12a