Which of the Following Is a Disadvantage Associated with Purchasing

question 51

Multiple Choice

Which of the following is a disadvantage associated with purchasing a mutual fund?

• A)Difficulty of buying and selling shares
• B)Aggressive or unethical sales personnel
• C)Only one withdrawal option
• D)No distribution of income and capital gains
• E)Professional management

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Definitions:

External Locus

A psychological orientation where individuals attribute their successes and failures to external factors and influences rather than to their own efforts.

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, and the desire to do a task well.

Big Five

A model in psychology that describes human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Workplace Behaviours

Refers to the range of actions and interactions among employees within an organization, influencing its culture and performance.