Examlex
The open-end aspect of mutual funds is ________; that is, investors invest funds directly in or withdraw funds from the mutual fund. The open-end aspect of ETFs is ________ in that the investors buy the ETF in a closed-end manner like closed-end funds and then the authorized participant ________ between the ETF and the underlying portfolio, providing the indirect open-end aspect of the ETF.
Moral Judgments
Evaluations or decisions based on the discernment of right and wrong, often influenced by an individual’s ethical beliefs and principles.
Kohlberg
Refers to Lawrence Kohlberg, a psychologist best known for his theory of stages of moral development.
Moral Judgments
Evaluations or decisions made about the rightness or wrongness of actions based on a set of ethical principles or a moral framework.
Kohlberg
A psychologist best known for his theory of stages of moral development.
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