No-Load Funds Charge No Sales Fee Because

question 70

Multiple Choice

No-load funds charge no sales fee because:

• A) they are legally prohibited from doing so.
• B) they charge a redemption fee instead.
• C) they have no sales force.
• D) they charge a 12b-1 fee instead.

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Definitions:

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, stemming from a traumatic event or persistent failure to succeed.

Fatalistic Thinking

The belief that all events are predetermined and therefore inevitable, often leading to a sense of powerlessness over one's future.

Overcompensation

A psychological term referring to the defense mechanism by which individuals cover up their weaknesses, real or imagined, by emphasizing traits they consider more desirable.

Intellectualization

A defense mechanism where reasoning is used to block confrontation with an unconscious conflict and its associated emotional stress.