The Prudent Man Law Is an Example of a Regulation

question 50

Multiple Choice

The prudent man law is an example of a regulation designed to ensure appropriate _____________ by money managers.

• A) fiduciary responsibility
• B) fiscal responsibility
• C) monetary responsibility
• D) marketing procedures

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Definitions:

Waxy Flexibility

A symptom of catatonia characterized by the maintenance of a body position or posture in which the person's limbs remain in the position they are placed by another person.

Spontaneous Movement

Unplanned, voluntary or involuntary movements that occur without conscious thought or intention.

Daily Living

Refers to the routine activities that people tend to do every day without needing assistance, such as eating, bathing, and dressing.

Auditory Hallucination

A sensory experience of hearing sounds or voices that are not present in the external environment.