Which of the Following Can You Do with an ETF

question 103

Multiple Choice

Which of the following can you do with an ETF that you cannot do with an open-end fund?
I. sell at mid-day prices
II. short sell
III. buy options on them
IV. resell

• A)I and III only
• B)II and III only
• C)III and IV only
• D)I, II, and III only
• E)I, II, III, and IV

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Definitions:

Mutual Mistake

A situation in contract law where all parties involved have a mistaken belief about a basic assumption on which the contract is based.

European Courts

Refers to the judiciary involved in interpreting and applying the law within the European Union, including the Court of Justice and the General Court.

Mistake Of Value

A misunderstanding about the significance, worth, or value of something involved in a contract, which may affect the validity of the contract.

Mutual Mistake

A situation in contract law where all parties involved have an incorrect belief about a vital fact at the time of entering into a contract.