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Which of the Following Refers to a Mutual Fund for Which

question 27

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Which of the following refers to a mutual fund for which its manager buys and sells stocks regularly in order to maximize the fund's returns?


Definitions:

Formal Contract

An agreement under seal.

Signed and Sealed

A phrase indicating that a document has been formally executed with the signature of the parties involved and sometimes a physical seal.

Postbox Rule

A legal doctrine stating that an offer is considered accepted once the acceptance is posted, not when the offeror receives it.

Communicate by Mail

The process of sending messages or information through postal services.

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