Examlex

Solved

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:

Self-Actualization

Fulfilling or actualizing one's potential and talents, viewed as a compelling urge or essential need within each person.

Deficiency Needs

Basic human requirements that must be met for an individual to grow psychologically, as identified by Abraham Maslow, including physiological, safety, love, and esteem needs.

Unique Potential

The singular abilities and capacities inherent in an individual that can be developed to achieve personal goals and fulfillment.

Metamotivation

A term related to self-actualization, referring to the motivational quality of individuals who have transcended the basic needs and strive for continuous development and fulfillment of potentials.

Related Questions