While Growing Up, Patrick Was Told to Always Be Appropriate

question 22

Multiple Choice

While growing up, Patrick was told to always be appropriate, be perfect, and do his best. Now as an adult, Patrick is rigid socially and devotes most of his energy to his work. Consequently, his wife has threatened to leave him. Patrick is seeking counseling in order to save his marriage. As a counselor, you recognize that his early childhood rules

• A) were impossible for him to escape and Patrick had no choice but to accept them.
• B) need to be given up so that Patrick can mend his relationship with his wife.
• C) can be transformed into something useful and functional.
• D) were dysfunctional and he needs to confront his parents about their behavior.

---

Definitions:

Open-end

A type of mutual fund that does not have a fixed number of shares and can issue new shares or redeem existing shares at any time based on investor demand.

Net Asset Value

The per-share value of a mutual fund or exchange-traded fund, calculated by dividing the total value of all securities in the portfolio by the number of shares outstanding.

Net Asset Value

Net Asset Value (NAV) is the per-share value of a mutual fund or ETF, calculated by dividing the total value of all the assets in the portfolio, minus liabilities, by the number of shares outstanding.

Liabilities

Liabilities are financial obligations or debts that a company or an individual owes, which are expected to be paid in the future.