The Field of Behavioural Finance Argues That the Efficiency of Markets

question 55

True/False

The field of behavioural finance argues that the efficiency of markets is ensured through the fallibility of human beings in competitive markets.

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Definitions:

Misspelled Name

An error in the spelling of a name in a document, which may or may not affect the legality or validity of the document.

Indorse

To sign the back of a financial instrument, such as a check, to make it payable to someone other than the original payee or to endorse a document formally.

Payee

The party in a financial transaction who receives the payment.

Negotiating

Negotiating involves discussing terms and conditions with the goal of reaching an agreement or compromise on matters of business, trade, or interpersonal issues.