Kindly find the relevant readings on SharePoint under Block 3 Client Advice and Relationship. Exam format Mixed multiple choice / short essay: 20 questions (equally weighted). To keep the time investment to a reasonable level while still being able to test the fundamentals, we decided to work with a mixture between essay and multiple-choice questions. Exam format Describe loss aversion. Loss aversion is a term in economics that describes a person’s desire to avoid a loss versus acquiring gains. The person prefers to avoid the chance of encountering a loss (no matter how remote) over receiving a gain, which could be ...
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