2011 CFAI AM - Q1 - Revocable / Irrecovable?

CFA Level III
#1

Q1.A.i - Ans to Objective 1 is - Revocable. I just can’t wrap around this one.

I definitely though it wad irrecovable.

Any ideas what’s going on there?

#2

http://www.analystforum.com/forums/cfa-forums/cfa-level-iii-forum/91309082

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