Which of the Following Statements Is Incorrect

question 85

Multiple Choice

Which of the following statements is incorrect?

• A) Investors can purchase shares directly from an open-end fund at any time.
• B) The number of shares of an open-end fund is always changing.
• C) Open-end funds typically maintain some cash on hand in case investments exceed redemptions.
• D) There are many different categories of open-end mutual funds.

Discover effective ways to describe personal viewpoints and situations in communication.

Understand the impact of language and its use in shaping perceptions and social reality.

Explain the concept of "I" language and its application in softening potentially harsh messages.

Analyze the relationship between language, thought, and reality through concepts like linguistic determinism, Sapir-Whorf hypothesis, and symbolic interaction theory.

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Definitions:

Obligations

Duties or responsibilities enforced by law, contract, or a sense of duty that compel someone to act or refrain from acting in a certain manner.

Disability

A physical or mental condition that significantly restricts one's ability to perform one or more major life activities.

Life Insurance

A contract between a policy owner and an insurance company that requires the insurance company to pay a designated beneficiary a sum of money upon the occurrence of the insured’s death.

Commercial General Liability

Insurance coverage that protects businesses against claims of bodily injury, property damage, and personal and advertising injury that may arise from its operations.