Marketing · Marketing Management
The following two statements relate to consumer behaviour. Choose the correct code for the statements being correct or incorrect. Statement I: People who purchase mutual funds are more likely to believe that they cannot predict the market and probably have an internal locus of control. Statement II: People who purchase stocks believe that they can predict the market and have an external locus of control.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is correct, but II is incorrect.
- 2Statement II is correct, but I is incorrect.
- 3Both statements I and II are correct.
- 4Both statements I and II are incorrect.✓
Correct answer
Both statements I and II are incorrect.
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