A Type of Investment That Combines and Invests the Funds

question 79

Multiple Choice

A type of investment that combines and invests the funds of many investors and manages it with a professional manager is called a(n)

• A)chequing account.
• B)securities exchange.
• C)guaranteed investment certificate.
• D)mutual fund.
• E)option fund.

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Definitions:

Faulty Production Methods

Refer to manufacturing or production processes that have defects, inefficiencies, or errors, leading to substandard products or increased production costs.

Poor Handling

Inadequate or careless management of items, which often results in damage or loss.

Spoiled

Usually refers to goods or materials that have become unfit for use or consumption due to damage, deterioration, or passing their expiration dates.

Unfit for Use

Refers to a condition where an item, equipment, or facility is not suitable or safe for its intended purpose.