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A Covered Member May Not Have a Loan to or from the Client,except

Question 41

Multiple Choice

A covered member may not have a loan to or from the client,except for permitted and grandfathered loans.When would nonpayment of tax fees due to the auditor by the client be converted to a loan classification?


A) After 90 days.
B) After six months.
C) After one year.
D) After two years.

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