In a Newspaper Quotation, Which of the Following Letters Would

question 94

Multiple Choice

In a newspaper quotation, which of the following letters would indicate if a mutual fund is a no load fund?

• A)N
• B)R
• C)FR
• D)B
• E)It is impossible to tell if a mutual fund is a no load fund by looking in the newspaper.

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Definitions:

RUPA

The Revised Uniform Partnership Act regulates how partnerships are managed within the United States.

Prima Facie

Latin for "at first glance," it refers to evidence that is sufficient to establish a fact or raise a presumption unless disproved or countered.

Equal Management

The equitable distribution of management responsibilities and decision-making powers among members of a group or organization.

Partnerships at Will

Business partnerships without a fixed duration, which can be dissolved at any time by any partner.