As Compared to Purchasing an Individual Stock, a No-Load Mutual

question 51

Multiple Choice

As compared to purchasing an individual stock, a no-load mutual fund investor will usually get

• A)commission less reinvestment opportunities.
• B)better diversification.
• C)no-cost switching between funds within the same fund family.
• D)lower commission costs.
• E)All of the above

---

Definitions:

Alternative Dispute Resolution Act

Legislation that provides for the resolution of disputes through methods other than litigation, such as arbitration or mediation.

Federal District Court

The general trial courts of the United States federal court system where civil and criminal cases are heard and decided.

ADR

Stands for Alternative Dispute Resolution; it is a set of procedures such as mediation and arbitration for resolving disputes outside the traditional judicial system.

Binding Arbitration Clause

A contract agreement requiring the parties to resolve disputes through an arbitration process rather than through litigation in court.