What Is the Primary Advantage of Mutual Funds

question 61

Multiple Choice

What is the primary advantage of mutual funds?

• A) They usually make a return that "beats the market."
• B) They allow people with small amounts of money to diversify.
• C) They provide customers with a medium of exchange.
• D) They allow investing in the venture capital industry.

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Definitions:

Privileges and Immunities

Rights and protections granted by law or constitution in a particular jurisdiction, often referring to the safeguards against discrimination towards citizens from other states.

Discriminating

Making a distinction in favor or against someone or something based on the group, class, or category rather than according to actual merit; often refers to unfair treatment based on prejudice.

Same-Sex Marriage

The legally recognized union between two individuals of the same sex, affording them the same rights and obligations as heterosexual marriage.

Recognized

Acknowledged or given formal acceptance as valid, legitimate, or worthy of attention.