In Order to Protect Principal Against Possible Loss Caused by Distressed

question 45

Multiple Choice

In order to protect principal against possible loss caused by distressed selling,individuals are typically recommended to have a

• A)1-month emergency fund.
• B)2-month emergency fund.
• C)6-month emergency fund.
• D)9-month emergency fund

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Definitions:

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Prejudice

Preconceived opinion or bias, often negative, towards people, groups, or subjects, based on stereotypes rather than individual merit.

Groupthink

A psychological phenomenon that occurs within a group of people in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Group Polarisation

The tendency for a group to make decisions that are more extreme than the initial inclination of its members.