A(n) _____ Sells Fund Shares, Either Directly to the Public

question 27

Multiple Choice

A(n) _____ sells fund shares, either directly to the public or through authorized dealers.

• A) investment advisor
• B) custodian
• C) transfer agent
• D) distributor
• E) money manager

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Definitions:

Labor Markets

The supply and demand for labor, where employers seek to hire workers and workers seek employment.

Contract

A legally binding agreement between parties that outlines the terms and conditions under which a transaction or exchange is to take place.

Means-Tested Programs

Government programs and assistance available only to individuals or families whose income and assets fall below specified thresholds.

Consumption Tax

A tax on the purchase of goods and services, levied at the point of consumption.