According to NASAA's Statement of Policy on Unethical Business Practices, which TWO of the following statements are TRUE concerning information to be included in an investment advisory contract?
a. The fee for managing equity securities may not be higher than for fixed-income securities.
b. An assignment of the contract can be made only by the investment adviser with the consent of the client.
c. There is disclosure explaining that no prepaid fees will be returned if the contract is terminated.
d. There is disclosure as to whether the contract grants discretionary power to the adviser.
