The Weakest Reason for Deciding to Use the Services of a Financial

question 124

Multiple Choice

The weakest reason for deciding to use the services of a financial planner is that

• A)many people lack an understanding of personal finance.
• B)financial matters have become so difficult that making decisions alone is impossible.
• C)many people are just not interested in making their own financial decisions.
• D)the law requires that you use them before making investments.

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Definitions:

Cortex

The outer layer of the cerebrum in the brain, involved in complex functions such as thought, perception, and memory.

Classical Conditioning

A teaching approach whereby, through consistent pairing, a response initially elicited by a secondary stimulus is in time elicited by the primary stimulus.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, where an association is made between a behavior and a consequence for that behavior.

Transference Learning

The process by which knowledge or skills learned in one context are applied or transferred to a new context.