An Investment Company That Issues a Fixed Number of Shares

question 1

Multiple Choice

An investment company that issues a fixed number of shares which can only be resold in the open stock market is called a(n) ________ fund.

• A)hedge
• B)closed-end
• C)open-end
• D)public
• E)market

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Definitions:

Implementation Process

The sequence of steps taken to put a plan, system, or policy into action.

Assumptive Closing

A sales technique where the salesperson assumes that the deal has already been made and talks about the next steps, encouraging the customer to agree.

Alternative-Choice

A technique in decision making or sales that narrows options to two possibilities, pushing for a commitment.

Flexible Goggles

Eyewear designed with adaptable and bendable materials, commonly used for protective purposes in sports or industrial settings.