A Mutual Fund Consisting Only of Stocks of Firms That

question 58

Multiple Choice

A mutual fund consisting only of stocks of firms that are in a specific industry is an example of a ____ fund.

• A)specialty
• B)growth
• C)capital appreciation
• D)growth and income

---

Definitions:

National Boundaries

Imaginary or physical lines that define the territorial limits of a state, country, or nation.

Legalistic Fallacy

The incorrect assumption that legal changes directly translate to social change, overlooking the gap between the law and its practical implementation or societal acceptance.

Racial Segregation

Racial Segregation is the systematic separation of people into racial or other ethnic groups in daily life, including eating in restaurants, using public bathrooms, attending schools, and living in neighborhoods.

Unconstitutional

Describes actions, laws, or policies that are deemed to violate the principles or specific provisions of a country's constitution.