Fred Just Started Using Single Words to Communicate

question 189

Multiple Choice

Fred just started using single words to communicate.If Fred's language development is typical, he is most likely

• A)6 months old
• B)8 months old
• C)1 year old
• D)2 years old

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Definitions:

Clients' Interests

A principle in financial and legal services that emphasizes prioritizing the needs and goals of clients above those of the professional or the firm.

Suitability

Suitability refers to the requirement that financial advisors and investment recommendations must align with the investing objectives, risk tolerance, and financial situation of the client.

Optimal Return

The highest possible return on an investment, considering the risk level and constraints, to achieve the best financial outcome.

Target-date

Refers typically to a type of mutual fund or retirement fund that automatically shifts towards more conservative investments as the target date (often retirement) approaches.