Which One of the Following Statements Is Correct Concerning Mutual

question 45

Multiple Choice

Which one of the following statements is correct concerning mutual funds?

• A)Mutual funds generally pay no taxes.
• B)Mutual funds are risk-free.
• C)Profits on the sale of mutual fund shares are tax-free.
• D)All mutual funds are diversified.
• E)Investments in mutual funds are guaranteed from loss by a private agency of the federal government.

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Definitions:

Independent Invention

the process through which different societies or cultures independently create or discover similar technologies, practices, or ideas without direct influence from each other.

Oasis Theory

A theory suggesting that agriculture and the domestication of animals originated in areas where water resources such as rivers and lakes are abundant.

Origins Of Food Production

The historical and anthropological study of how human societies began to cultivate crops and domesticate animals for food.