Which of the Following Refers to a One-Time Commission Paid

question 29

Multiple Choice

Which of the following refers to a one-time commission paid to an investment salesperson either when the mutual fund is purchased or sold?

• A) Sales load.
• B) No-load.
• C) 12b-1 fee.
• D) Expense ratio.

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Definitions:

Feasibility Reports

Documents assessing the practicality and potential success of a proposed project or system.

Detailing Costs

The process of breaking down and itemizing the expenses associated with a project, product, or service.

Business Document

A formal written record that is used for business purposes, such as contracts, reports, memos, or proposals.

Psychological Weight

The perceived importance or emotional impact of a thought, decision, or object on an individual’s mind.