The Term "Churning" Refers To

question 70

Multiple Choice

The term "churning" refers to:

• A) the practice of only recommending long-term investments
• B) the practice of trading in client accounts without authorization to increase brokers' commissions
• C) the practice of misappropriation and theft of clients' funds
• D) the practice of trading stocks only once a year

---

Definitions:

Early Adulthood

A stage of human development that generally covers individuals from their mid-twenties to late thirties, characterized by the pursuit of independence, relationships, career, and family.

Genital Herpes

A sexually transmitted infection (STI) caused by the herpes simplex virus (HSV), leading to genital sores and discomfort.

Skin Elasticity

The skin's ability to stretch and return to its original shape, a property that decreases with age, leading to wrinkles and sagging skin.

Skin Deterioration

The process of the skin aging or becoming damaged over time due to various factors including sun exposure, lifestyle, and genetics.