The Comparison Universe Is

question 11

Multiple Choice

The comparison universe is

• A) a concept found only in astronomy.
• B) the set of all mutual funds in the world.
• C) the set of all mutual funds in the U.S.
• D) a set of mutual funds with similar risk characteristics to your mutual fund.
• E) None of the options are correct.

---

Definitions:

Mayoral Campaign

A strategic effort undertaken by a candidate to promote themselves in a bid to be elected as mayor of a municipality.

Unenforceable

Describes a contract or clause that, due to certain legal deficiencies, cannot be legally compelled to be followed or executed.

Usury Statute

Laws that set the maximum interest rates that can be charged on loans.

Maximum Rate

The highest allowable interest rate or charge on a loan or financial contract as specified by law.