A Contingent Deferred Sales Load, Which Is a Charge That

question 104

Multiple Choice

A contingent deferred sales load, which is a charge that shareholders pay when they withdraw their investment from a mutual fund, can be as low as 1 percent and as high as ___ depending on how long you own the mutual fund before making a withdrawal.

• A) 3 percent
• B) 5 percent
• C) 7 percent
• D) 10 percent
• E) 15 percent

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Definitions:

Organizational Situations

Unique sets of conditions, circumstances, or contexts within which organizations operate, affecting decisions and actions.

Situational Approach

Characteristics of the organizational setting influence people’s attitudes and behaviour.

Personality Characteristics

Enduring traits or qualities that describe an individual's typical behaviors and attitudes.

Activation Theory

A theory suggesting that effectiveness in activities and performance can be enhanced through the arousal or activation of the central nervous system.