Which of the following would not help protect you from unethical or incompetent advice from a financial adviser?
A) Educating yourself on various financial products
B) Asking questions of other clients
C) Relying on the adviser as to when to buy and sell
D) Knowing your risk tolerance
Answer: C
You might also like to view...
Construct a 3-sigma x-bar chart for the length in centimeters of a part from the following table. What is the upper control limit?
Sample # Observation 1 Observation 2 Observation 3 Observation 4 1 0.486 0.499 0.493 0.511 2 0.499 0.506 0.516 0.494 3 0.496 0.5 0.515 0.488 4 0.495 0.506 0.483 0.487 5 0.472 0.502 0.526 0.469 6 0.473 0.495 0.507 0.493 7 0.495 0.512 0.49 0.471 8 0.525 0.501 0.498 0.474 9 0.497 0.501 0.517 0.506 10 0.495 0.505 0.516 0.511 A) 0.522 B) 0.509 C) 0.496 D) 0.475
Holding all other factors constant, a firm that is subject to a greater level of business risk should employ more total leverage than an otherwise equivalent firm that is subject to a lesser level of business risk
Indicate whether the statement is true or false