Direct Sources of Return on a Mutual Fund Investment Include

question 60

Multiple Choice

Direct sources of return on a mutual fund investment include:

• A)dividends distributed.
• B)interest accumulated.
• C)stock market appreciation.
• D)dividends distributed and stock market appreciation.

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Definitions:

Past Consideration

A term in contract law meaning that an act done before a contract is made is not good consideration for the contract.

Sales Contract

A legal agreement between a buyer and a seller detailing the terms and conditions of a sale of goods or services.

Equitable Exchange

A transaction in which goods, services, or assets are traded based on fairness and balance in value.

Irrevocable Oral Promise

A spoken commitment that cannot be canceled or revoked, legally binding under specific circumstances.