For a Load Fund, the Average Commission Usually Ranges Between

question 21

True/False

For a load fund, the average commission usually ranges between 3 and 5 percent of the purchase price.

---

Definitions:

Repayment

The act of paying back money that was borrowed from a lender.

Homestead Exemption

A law permitting a debtor to retain the family home, either in its entirety or up to a specified dollar amount, free from the claims of unsecured creditors or trustees in bankruptcy.

Debtor

An individual or entity that owes money or an obligation to another, called the creditor.

Shelter

A structure that provides protection from weather, danger, or discomfort.