The Shares of No-Load Mutual Funds Sell for Their Net

question 51

True/False

The shares of no-load mutual funds sell for their net asset value.

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Definitions:

Automatically Dissolved

Describes a situation or status wherein an entity, such as a corporation or partnership, discontinues its legal existence without the need for formal dissolution procedures.

Hardware Merchants

Businesses specializing in the retail or wholesale of tools, building materials, and hardware supplies.

Weekend Selling

A retail strategy aimed at boosting sales by offering special deals or promotions during weekends.

Warranty

A guarantee, typically by a seller to a buyer, assuring certain facts or conditions about goods or services.