Which One of the Following Statements Is False

question 89

Multiple Choice

Which one of the following statements is false?

• A)The responsibility for choosing the right mutual fund rests with the individual investor.
• B)Professional fund managers do make mistakes.
• C)Investors should evaluate their investments on a regular basis.
• D)There is no need to evaluate mutual fund investments,because investment companies hire the best professional managers they can to manage their funds.
• E)Individual investors should be involved in choosing a mutual fund,because they know how the objectives of a mutual fund match their own investment objectives.

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Definitions:

Miranda Rights

Miranda Rights are a set of constitutional rights read to a suspect in police custody, ensuring they are aware of their rights to silence and legal counsel.

Constitutional Rights

Rights protected under the federal constitution that guarantee individual freedoms and legal protections.

Court Of Law

A court in which the only remedies were things of value, such as money. Historically, in England, courts of law were different from courts of equity.

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Judicial processes in which crimes are prosecuted, involving stages such as arrest, charge, trial, and possibly sentencing or appeal.