A Contingent Deferred Sales Load,which Is a Charge That Shareholders

question 48

Multiple Choice

A contingent deferred sales load,which is a charge that shareholders pay when they withdraw their investment from a mutual fund,can be as low as 1 percent or as high as ________ depending on how long you own the mutual fund before making a withdrawal.

• A)3 percent
• B)5 percent
• C)7 percent
• D)10 percent
• E)15 percent

Distinguish between competitive forces that drive market dynamics.

Realize the role of distribution as a competitive strategy in various market forms.

Understand the purpose and impact of federal legislation on business competition, such as the Clayton Act, Sherman Antitrust Act, and Robinson-Patman Act.

Identify the economic and regulatory forces affecting the marketing environment, including antitrust laws and consumer protection.