A Sales Representative from an Investment Company Is Trying to Convince

question 107

Multiple Choice

A sales representative from an investment company is trying to convince a young couple to invest in one of the company's mutual funds. He will probably be most successful if

• A) he mentions the names of other people who have invested in the fund.
• B) he stresses that the fund has had solid returns in 12 of the past 15 years.
• C) he stresses that the fund has only lost money in 3 of the past 15 years.
• D) he leaves a detailed prospectus containing a lot of statistical analyses.

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Definitions:

Influential Union

A labor union that has considerable impact or sway over labor relations, policies, and practices within its industry or more broadly.

Government-Controlled

Refers to entities or sectors managed or regulated by the government rather than private individuals or organizations.

Voluntarism

The principle or practice of engaging in voluntary actions or services, often without financial compensation.

Social and Economic

Pertaining to the interactions between societal structures and the economic activities within a community or nation.