Which of the Following Statements Is Incorrect

question 30

Multiple Choice

Which of the following statements is incorrect?

• A)Mutual funds serve as a key financial intermediary.
• B)Managers of mutual funds do not analyze economic and industry trends.
• C)Because of their diversification, management expertise, and liquidity, mutual funds have grown at a rapid pace.
• D)Some mutual funds offer check-writing privileges.

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Definitions:

False Dilemma

A logical fallacy involving a situation in which only limited alternatives are considered, when in fact there is at least one additional option.

Appeals to Pity

A rhetorical tactic or logical fallacy that seeks to win an argument by exploiting opponents' feelings of pity or guilt rather than using logical reasoning.

Reductio ad Absurdum

A logical argument technique that disproves a statement by showing that its logical conclusion is absurd or contradictory.

Appeals to Tradition

Arguments that justify a practice or belief based on its historical continuity or long-standing usage.