Examlex
Which of the following best describes the weight of a revenue ruling?
Back-end Load
A fee paid by investors when they sell shares of a mutual fund, often decreasing over time the longer shares are held.
Annual Fees
Charges that must be paid yearly for membership or participation, often associated with credit cards, investment funds, and various types of subscriptions.
Futures
Financial contracts obligating the buyer to purchase an asset, or the seller to sell an asset, at a predetermined future date and price.
Options
Financial derivatives that provide the holder the right, but not the obligation, to buy or sell an asset at a predetermined price on or before a specific date.
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