Most Mutual Funds Are

question 147

Multiple Choice

Most mutual funds are

• A)closed-end funds.
• B)index funds.
• C)managed funds.
• D)money market funds.

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Definitions:

Social Institutions

Complex systems of norms and structures that fulfill societal needs, such as family, education, and government.

Justice View

Considers ethical behaviour as that which treats people impartially and fairly according to guiding rules and standards.

Ethical Behaviour

Conduct that is consistent with principles of moral and ethical standards, such as honesty, integrity, fairness, and respect.

Impartiality

Refers to the principle of fairness and neutrality in decision-making and treatment of individuals.