Which of the Following Would Not Help Protect You from Unethical

question 55

Multiple Choice

Which of the following would not help protect you from unethical or incompetent advice from a financial adviser?

• A)Educate yourself on various financial products
• B)Ask questions of other clients
• C)Rely on the adviser as to when to buy and sell
• D)Know your risk tolerance

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Definitions:

Alzheimer's Disease

A progressive neurodegenerative disorder characterized by memory loss, cognitive decline, and personality changes, ultimately leading to severe impairment in daily functioning.

Forgetful Acts

Incidents or occurrences where a person fails to remember a piece of information or perform a task, often due to distractions or memory lapses.

Representativeness Heuristic

A cognitive shortcut that involves making judgments based on how well something matches an existing prototype.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.