Under the NASAA's Model Rule on Unethical Business Practices of Investment Advisers, Investment Adviser Representatives, and Federal Covered Advisers, advisory contracts must:
prohibit assignment of the contract without the client's consent.
contain information on the adviser's performance for at least the most recent 12-month period.
describe the amount of any prepaid fee that will be returned to the client in the event the contract is terminated.
A) I and III.
B) I, II and III.
C) II and III.
D) I and II.
Answer: A