An Investment Consultant Is Recommending a Certain Class of Mutual

question 86

True/False

An investment consultant is recommending a certain class of mutual funds to clients based on its exceptionally high probability of gain. It is an ethical practice to explain to clients what the meaning of probability is.

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Definitions:

Electrical Cord

A length of insulated wire used to conduct electricity from a power source to an electrical appliance or device.

Condenser

In scientific equipment, a device to condense gaseous substances into liquid.

Aperture

A term commonly used to describe the opening in an optical system through which light passes, such as in a camera or telescope.

Field Diameter

The visible area through the microscope lens at a particular magnification.