A Deferred Load Is a Fee Charged When Shares in a Mutual

question 48

True/False

A deferred load is a fee charged when shares in a mutual fund are redeemed.

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Definitions:

Taking Responsibility

The act of acknowledging one's role in a situation and accepting the duty to deal with the consequences or to perform specific tasks.

Collectivist Cultures

Societies that prioritize the needs and goals of the group over those of the individual.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or politics.

Individualistic Cultures

Societies that stress the importance of personal achievements and independence over group goals.