Which of the Following Would Be the Least Effective Way

question 115

Multiple Choice

Which of the following would be the least effective way to help protect you from unethical or incompetent advice from a financial adviser?

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

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Definitions:

Cultures

The shared beliefs, values, customs, behaviors, and artifacts that members of society use to cope with their world and with one another, transmitted from generation to generation.

Extraversion

A personality trait marked by an orientation of one's interests and energies toward the outer world of people and activities, as opposed to introversion.

Agreeableness

A personality trait characterized by warmth, kindness, empathy, and a readiness to cooperate and avoid conflict with others.

Conscientiousness

An attribute denoting someone's knack for systematic arrangement, consistency in dependability, and an intense feeling of obligation.