A Mutual Fund Is a Type of Investment Company

question 120

True/False

A mutual fund is a type of investment company.

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Definitions:

Central Intelligence Agency (CIA)

A civilian foreign intelligence service of the federal government of the United States, tasked with gathering, processing, and analyzing national security information.

Federal Bureau of Investigation (FBI)

A principal federal law enforcement agency of the United States, dedicated to safeguarding national security and combating major criminal threats.

Independent Agencies

Agencies of the United States government that operate independently of the federal executive departments, though they are still subject to presidential control.

Richard Nixon

The 37th President of the United States (1969-1974), known for his foreign policy achievements and the Watergate scandal, which led to his resignation.