An agent wants to sell a highly valuable unregistered, nonexempt security to a customer. The agent has the client sign a waiver indicating that the security is not registered, so the security may be sold legally per the Uniform Securities Act. This sale of the security is

D) illegal because provisions of the Uniform Securities Act cannot be waived

Explanation:

According to the Uniform Securities Act, it refers to that act in which there is a uniform law or the same law that is to be followed state to state

Since in the question it is mentioned that the agent wants to sell a highly valuable i.e not registered also there is a client sign so it would be sold as per the act but this scenario represents the illegal act and also it could not be waived off.

Letter A

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