True or False: An investment consultant is recommending a certain class of mutual funds to the
clienteles based on its exceptionally high probability of gain.It is an unethical practice not to
also recommend a class of mutual funds with an exceptionally high probability of loss.

Question

Quizplus · Accepted Answer

It is not unethical to recommend only mutual funds with a high probability of gain; the consultant's role is to act in the client's best interest, which typically involves recommending investments with a higher likelihood of positive returns.

True or False: an Investment Consultant Is Recommending a Certain