Which of the Following Is False

question 36

Multiple Choice

Which of the following is false?

• A)The load is a sales commission paid to a broker to purchase mutual funds and by law cannot exceed 8.5 percent.
• B)An open-end mutual fund sells a limited number of shares like other corporations but usually does not buy back outstanding shares.
• C)Money market mutual funds differ from other mutual funds in that money market mutual funds deal only in money market instruments.
• D)The net asset value is the difference between the market value of the shares of stock that the mutual fund owns and the liabilities of the mutual fund divided by the number of outstanding shares.

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Definitions:

Brief Psychotherapy

A short-term psychological treatment aimed at addressing specific issues and designed to produce insights or changes within a limited timeframe.

Depression

A mental health disorder marked by pervasive feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Mental Illness

A broad range of conditions that affect mood, thinking, and behavior, often requiring medical evaluation and intervention.

Psychologist

A professional who studies cognitive, emotional, and social processes and behavior by observing, interpreting, and recording how individuals relate to one another and to their environments.