An execution-only sale usually means a sale where there is an absence of:

An execution-only sale usually means a sale where there is an absence of:
A . Charges
B . Advice
C . Product
D . Guarantee

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Answer: B

Explanation:

Understanding Execution-Only Sales:

Execution-only sales occur when the client makes a financial transaction without receiving any advice or

recommendations from the intermediary.

The client assumes full responsibility for the decision.

Elimination of Other Options:

A: Charges are typically present in execution-only sales.

C: The product is being sold; the sale cannot occur without it.

D: Guarantees are unrelated to the advisory process.

Reference: ICWIM Module 4: Focus on financial advice models, including execution-only services.