Another Name for a Mutual Fund That Charges a Contingent

question 120

Multiple Choice

Another name for a mutual fund that charges a contingent deferred sales load is a(n) ____________ fund.

• A)bare bones
• B)end state
• C)bare back
• D)back-end
• E)pay later

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Definitions:

Release

A contract in which one party forfeits the right to pursue a legal claim against the other party.

Recovery

The process of obtaining rightful recovery or reimbursement for losses, damages, or sums owed.

Liquidated Debt

A debt that is due and certain in amount.

Accord And Satisfaction

A negotiated agreement and payment between parties in a dispute, where payment is accepted as full resolution.