An Exit Fee Has the Same Impact of

question 5

Multiple Choice

An exit fee has the same impact of

• A)a load fee of the same percentage
• B)a 12b-1 fee with the same percentage
• C)commissions paid by a mutual fund to buy securities
• D)management fees

---

Definitions:

Low Self-control

A tendency to act impulsively without considering the consequences, often leading to risky or undesirable outcomes.

Low Intelligence

Typically refers to significantly below-average cognitive ability, impacting various aspects of life and learning.

Moral Development

The method by which people cultivate appropriate feelings and actions towards others in a community, according to societal and cultural standards, regulations, and legislation.

Intrapersonal Dimensions

Aspects related to the internal, personal characteristics and experiences of an individual that influence their thoughts, behaviors, and emotions.