Because of Professional Management,there Is No Need for the Individual

question 111

True/False

Because of professional management,there is no need for the individual investor to evaluate a mutual fund investment.

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Definitions:

Preconventional Morality

Preconventional morality is the first level in Kohlberg's theory of moral development, where moral reasoning is based primarily on consequences and personal gain rather than societal rules or laws.

Conventional Morality

A stage in Kohlberg's theory of moral development where individuals' moral reasoning is based on societal laws and norms, and the approval of others.

Same-Sex Couples

Romantic partnerships between two individuals of the same sex, whether married or in a committed relationship.

Heterosexual Couples

Heterosexual couples are partnerships between individuals of the opposite sex, traditionally involving romantic or sexual relationships.