?
Which of the following are incorrect?
Which of the following are incorrect?
1. Mutuality means funds from various individuals are combined.
2. Diversification means spreading out funds to various destinations.
Answer & Solution
Correct Answer:
Option
D
Mutuality means flow of resources from many to one. Diversification is a risk management technique that mixes a wide variety of investments within a portfolio.
Join the Discussion
Login to post a comment or share your explanation.
Login