An Investment Consultant Is Recommending a Certain Class of Mutual

question 157

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 basis of her probability estimate is.

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Definitions:

Self-actualized

The state of realizing and fulfilling one's talents, potential, and capabilities, often considered the peak of personal development.

Intrinsic Motivation

The internal drive to perform an activity for its own sake, deriving pleasure and satisfaction from the activity itself rather than external rewards.

Challenging Job

A job role that demands high levels of skill, effort, and perseverance, often leading to personal and professional growth.

Close Supervision

The process of overseeing employees’ work in a detailed and continuous manner to ensure standards are met.