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An Investment Consultant Is Recommending a Certain Class of Mutual

question 60

True/False

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


Definitions:

Extraversion

A personality trait characterized by high levels of energy, sociability, and a tendency to seek stimulation in the company of others.

Gregarious

Describes a personality trait characterized by the enjoyment of being around people and socializing.

Sociable

The quality of being friendly, outgoing, and willing to engage in social interactions.

Behavioral Measures

Tools or methods used to objectively observe, record, and assess behaviors as they occur, often used in psychological research and assessments.

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