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Sagot :
Final answer:
Stock assumption involves beliefs tied to stock-related actions, emphasizing the importance of acting in the client's best interests and diversifying investments to manage risks.
Explanation:
Stock assumption refers to the belief that certain actions or investments related to stocks will be made for specific purposes. In the context of fiduciary relationships, such as with a full-service stockbroker, it is crucial for the agent to act in the client's best interests when managing investments. Diversification is a key strategy to mitigate risks associated with investing in individual firms and is commonly recommended to spread investments across a variety of companies.
Learn more about Stock assumption here:
https://brainly.com/question/43881144
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