Which of the Following Statements Is NOT Correct

question 49

Multiple Choice

Which of the following statements is NOT correct?

• A)Investors can purchase shares directly from an open-end fund at any time.
• B)The number of shares of an open-end fund is always changing.
• C)Open-end funds typically maintain some cash on hand in case investments exceed redemptions.
• D)There are many different categories of open-end mutual funds.

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Definitions:

Illegal Drugs

Illegal drugs refer to substances whose production, sale, or use is prohibited by law due to their potential abuse and harmful effects on health.

Dialectical

A method of argument or exposition that involves a process of logical reasoning or dialogue to explore opposing viewpoints.

Concrete

A composite material composed of fine and coarse aggregate bonded together with a fluid cement that hardens over time, widely used in construction.

Serial Monogamy

The practice of engaging in a series of monogamous romantic relationships one after the other, rather than having multiple partners simultaneously.