Analysing actions undertaken

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State true or false

1) As a philosophical ethical principle, when analysing actions undertaken, it is accepted that an act will be either good or bad regardless of the underlying / relevant circumstances.

2) It is generally accepted that there is often a trade-off required between market efficiency and market fairness, given that issues of market efficiency are accepted as being relatively more quantifiable in nature.

3) Given the details included CFA Standard 1 (C), members are advised to not recommend investments that have guarantees built into the structure of the products themselves, or for which an institution has agreed to cover any losses.

Reference no: EM132949998

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