An Investment Consultant Is Recommending a Certain Class of Mutual

question 73

True/False

An investment consultant is recommending a certain class of mutual funds to the clienteles based on its exceptionally high probability of gain.It is an ethical practice to explain to the clienteles what the meaning of probability is.

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Definitions:

Weeknights

The evenings of the weekdays, typically from Monday to Friday, considered as a timeframe for routine activities.

Implicit Contracts

Unspoken agreements or understandings that are not formally documented but are understood and expected by the parties involved.

Treatment Group

A therapeutic or support group setting where individuals receive treatment and support for specific issues or conditions.

Alcoholic Clients

Term refers to individuals receiving services who suffer from alcoholism or alcohol dependence, often requiring specialized therapeutic approaches.