Mutual Funds Are a Good and Relatively Inexpensive Way for Individual

question 157

True/False

Mutual funds are a good and relatively inexpensive way for individual investors to diversify.

---

Definitions:

Maximum Extent

The greatest possible degree or limit to which something can be extended or enlarged.

Utilitarianism

A moral philosophy that bases the rightness or wrongness of actions on their consequences, especially their ability to bring about the greatest happiness for the greatest number of people.

Intentions

The plans or desires that one has in mind to carry out an action.

Consequentialists

Ethical theorists who believe that the morality of an action is determined solely by its consequences.