Series 7 practice questionhardMarketing and Prospecting — Cold Calling Regulations
A registered representative is preparing a cold calling campaign. She obtains a purchased list with 1,200 names, 100 of which are on the national Do Not Call list, and 40 on her firm's internal Do Not Call list. If 30 individuals appear on both lists, how many names can she legally call if the campaign occurs between 8:00 am and 9:00 pm in the customer's time zone?
- A1,070
- B1,060✓ Correct answer
- C1,090
- D1,030
Explanation
Why B — 1,060
Names on either list cannot be called. 100 (National) + 40 (Internal) = 140, but 30 are double-counted, so 140 - 30 = 110 unique blocked contacts. 1,200 - 110 = 1,090. All remaining calls are within the permitted hours, so 1,090 is the legal number.
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