__________ Is Defined as "The Capability of People to Make

question 128

Multiple Choice

__________ is defined as "the capability of people to make reasonably sound decisions regarding day-to-day money matters as well as more global aspects of their personal finances."

• A) Monetary competency
• B) Real world competency
• C) Financial competency
• D) Wealth management competency

Comprehend Charles Spearman's theory of general intelligence and its applications.

Recognize the importance of deviation IQ scores and percentile ranks in interpreting test results.

Understand the concept of crystallized and fluid intelligence and their real-world applications.

Understand the concept of intelligence and the theoretical perspectives on different types of intelligence.

---

Definitions:

Rescinded

The act of revoking, canceling, or repealing a contract, decision, or agreement, making it as if it never existed.

Scienter

Deliberately or knowingly.

Duress

Any unlawful act or threat exercised on a person whereby the person is forced to enter into an agreement or to perform some other act against his or her will.

Physical Harm

Damage or injury to a person's body.