A Mutual Fund in Which No Sales Charge Is Paid

question 114

Multiple Choice

A mutual fund in which no sales charge is paid by the individual investor is called a(n) ____________ fund.

• A)closed-end
• B)open-end
• C)load
• D)no-load
• E)convertible fund.

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Definitions:

Auscultation

The act of listening to the sounds made by internal organs of the body, usually with a stethoscope, for medical diagnosis.

Tender Areas

Specific regions on the body that are sensitive or painful to touch, often indicating inflammation or underlying medical conditions.

Surface Characteristics

The observable qualities or features of an object's outermost layer.