An Open-End Fund Is Defined as an Investment Fund That

question 41

Multiple Choice

An open-end fund is defined as an investment fund that sells:

• A)an elastic number of shares to outside investors
• B)a fixed number of shares to an elastic number of outside investors
• C)an elastic number of shares to outside investors, but that never buys back any of these shares
• D)a fixed number of shares to an elastic number of outside investors, but that never buys back any of these shares

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Definitions:

Reinforcement Contingency

Reinforcement contingency is a term in behavioral psychology that refers to the relationship between a behavior and its consequence, emphasizing that a behavior must be followed by a reinforcement for the behavior to be increased.

Internal

Pertaining to or situated within something; often refers to phenomena or processes occurring within an organism or object.

External

Originating from outside, not confined within an entity or individual.

Achievement Motivation

The drive to excel, achieve in relation to a set of standards, or strive to succeed.