Mutual Funds That Charge a Load Do So to Compensate

question 128

Multiple Choice

Mutual funds that charge a load do so to compensate

• A)fund managers.
• B)Brokers and salespeople.
• C)the SEC.
• D)shareholders.

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Definitions:

Social Development

The process by which individuals learn the values, norms, and behaviors required to interact effectively within their society.

Conventional

Reflecting or pertaining to societal norms, standards, or attitudes that are widely accepted and practised.

Obligation

A duty or commitment to perform or refrain from performing some action.

Recreational Drugs

Substances used primarily for leisure or pleasure rather than for medical reasons, often leading to altered states of consciousness.