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An Investment Consultant Is Recommending a Certain Class of Mutual

question 124

True/False

An investment consultant is recommending a certain class of mutual funds to the clienteles based on its exceptionally high probability of exceptionally high gain.It is an unethical practice to tell the clienteles the probability of a loss in her recommendations.


Definitions:

Powerful

Possessing great power, influence, or effect; capable of exerting force, authority, or having a strong impact on outcomes.

Fuel Efficient

Referring to technology or methods that use fuel in a way that maximizes energy output while minimizing waste, often associated with vehicles.

Car

A wheeled motor vehicle used for transportation.

Justification

The process or reasons given to demonstrate something is reasonable or necessary, often used to show that an action or decision is appropriate.

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