All of the Following Are Useful for Clients in the Contemplation

question 25

Multiple Choice

All of the following are useful for clients in the contemplation stage EXCEPT

• A) state or restate the problems or challenges to be sure there is a clear understanding.
• B) delineate clear goals and the timing of beginning steps.
• C) discuss the client's perception of both the advantages and disadvantages of making a change.
• D) support the client's feelings of ambivalence toward making a change.

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Definitions:

Initial Margin

The percentage of the purchase price of securities (that can be bought on margin) that the investor must pay with his/her own cash or marginal securities.

Federal Reserve System

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring financial system stability.

Securities and Exchange Commission

A U.S. federal agency responsible for enforcing the laws governing the securities industry, and regulating the securities markets and investment companies.