Which of the Following Is NOT a Type of Investment

question 283

Multiple Choice

Which of the following is NOT a type of investment company as defined by the Investment Company Act:

• A) face-amount certificate company
• B) "no-load" company
• C) management company
• D) all of the other specific choices are types of investment companies
• E) none of the other specific choices are correct

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Definitions:

Unrestricted

Free from limitations, controls, or restrictions; allowing complete freedom of movement, action, or use.

Condone

To overlook, forgive, or disregard an offense without protest or censure.

Aggressive Behaviors

Actions characterized by physical or verbal attacks intended to cause harm or assert dominance.

Supervise

To oversee, monitor, or direct the activities of individuals or groups to ensure guidelines or instructions are followed.