Which One of the Following Statements Is Not a Characteristic

question 44

Multiple Choice

Which one of the following statements is not a characteristic of mutual funds?

• A)they are always considered to be financial institutions.
• B)they raise money by selling shares to investors.
• C)they pool the savings of many investors.
• D)they offer professional management and portfolio diversification.

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Definitions:

Revolutionary Military Strategies

Revolutionary military strategies are innovative and unconventional tactics employed during warfare, aimed at overcoming more powerful adversaries through guerrilla warfare, psychological operations, and leveraging terrain advantages.

Treaty of Paris

An agreement signed in 1783 that ended the American Revolutionary War and recognized American independence from Britain.

American Revolutionary

A participant or supporter in the American Revolution, fighting for independence from British rule during the late 18th century.

Revolutionary War

The conflict between Great Britain and its thirteen American colonies from 1775 to 1783 that resulted in the colonies gaining independence and forming the United States of America.