Shares of Open-End Mutual Funds Are Purchased and Sold on Exchanges

question 38

True/False

Shares of open-end mutual funds are purchased and sold on exchanges.

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Definitions:

Electrician

A skilled tradesperson who installs, maintains, and repairs electrical power systems and equipment.

Pilot Device

A device used to control or manipulate the operation of electrical machines through minor input adjustments.

Two-wire Motor

A motor that operates with a simple on-off control, requiring only two wires for operation.

Motor Starter

A control device that initiates the operation of an electric motor by managing electrical current flow.