Which of the Following Statements Is Incorrect

question 30

Multiple Choice

Which of the following statements is incorrect?

• A)Mutual funds serve as a key financial intermediary.
• B)Managers of mutual funds do not analyze economic and industry trends.
• C)Because of their diversification, management expertise, and liquidity, mutual funds have grown at a rapid pace.
• D)Some mutual funds offer check-writing privileges.

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Definitions:

Marijuana

A psychoactive drug from the Cannabis plant used for medical or recreational purposes, known for its sedative and psychoactive effects.

Shipment Seized

This refers to the confiscation or taking hold of goods by authorities, usually due to regulatory or legal issues.

Equilibrium Price

The cost at which the supply and demand for goods are exactly balanced in the market.

Fine

A sum of money required to be paid as a penalty for breaking the law or rules.