Which of the Following Types of Mutual Fund Shares Typically

question 10

Multiple Choice

Which of the following types of mutual fund shares typically do not charge a front-end sales charge but do impose a redemption fee that declines over time?

• A) Class A shares
• B) Class B shares
• C) Class C shares
• D) Class D shares

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Definitions:

High Power Need

A psychological term describing a person's desire to exert control or influence over others.

McClelland

A reference to David McClelland, an American psychologist known for his work on motivation needs theory, including the needs for achievement, affiliation, and power.

Behavior Modification

The use of empirical and operant conditioning techniques to change or adjust unhealthy or undesirable behaviors.

Criticism

The practice of analyzing, judging, and/or evaluating something, often with the intention of revealing faults or areas of improvement.