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A Mutual Fund's Board of Directors Picks the Securities That

question 47

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A mutual fund's board of directors picks the securities that will be held and makes buy and sell decisions.


Definitions:

Clinical

Pertaining to the observation and treatment of actual patients rather than theoretical or laboratory studies.

Self-Actualization

The fulfillment of maximizing one's talents and potential, understood as a natural drive or essential need shared by everyone.

Humanistic Psychologists

Psychologists who focus on an individual's potential and stress the importance of growth and self-actualization.

Fullest Potential

The highest level of growth, development, or performance an individual or entity can achieve through the realization and utilization of all capacities and resources.

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