When Pursuing an Adverse Impact Claim,an Individual Is Alleging

question 65

Multiple Choice

When pursuing an adverse impact claim,an individual is alleging:

• A)unintentional discrimination against an individual belonging to the nonprotected class.
• B)intentional discrimination against an individual belonging to the nonprotected class.
• C)unintentional discrimination against a protected class.
• D)intentional discrimination against a protected class.

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Definitions:

Average Maturity

The weighted average of all the maturities of the bonds in a portfolio, reflecting the portfolio's sensitivity to interest rate changes.

Money Market Mutual Fund

A type of mutual fund investing in short-term debt securities, offering investors high liquidity with a relatively low level of risk.

Sales Load

A fee charged for the purchase or sale of shares in a mutual fund, often used to compensate brokers.

12b-1 Charge

A 12b-1 Charge is a fee assessed by mutual funds to cover marketing, distribution, and service expenses, included as part of the fund's operating expenses.