No-Load Funds Are Mutual Funds That ________

question 59

Multiple Choice

No-load funds are mutual funds that ________.

• A) do not charge sales commission
• B) offer high rates of interest
• C) offer low rates of interest
• D) do not invest in equity shares
• E) offer huge tax benefits to investors

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Definitions:

Marginal Utility

The additional satisfaction or benefit (utility) a consumer gains from consuming one more unit of a good or service.

Movie Rental

The act of paying a fee to borrow a movie for a limited period, traditionally from a physical store or, more recently, from an online service.

Marginal Utility

The additional satisfaction or benefit received by consuming one more unit of a good or service.

Video Game Rental

A service that allows consumers to borrow video games for a limited period of time in exchange for a fee, often operating through physical stores or online platforms.