Taking the Time to Explore Expectations and to Clarify How

question 31

Multiple Choice

Taking the time to explore expectations and to clarify how you can be of assistance to your clients goes a long way in:​

• A)​granting immunity to you from prosecutions if an intervention backfires.
• B)​preventing clients from drawing unwarranted negative conclusions.
• C)​enabling you and your clients to set your own ethical standards.
• D)​enabling you to force clients to pursue a particular course of advocacy action.

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Definitions:

Security Selection

The process of choosing individual securities for investment in order to achieve the best possible return.

Keogh Plans

Retirement plans for self-employed individuals and unincorporated businesses, allowing for tax-deferred savings.

Taxable

Subject to taxation by governmental authority, referring to income or financial transactions that can be taxed.

Investment Constraints

Refer to the various limitations set forth by an investor or an investment policy on the types of investments one can make, often influenced by factors such as risk tolerance, time horizon, liquidity needs, and legal or regulatory requirements.