Shares of an Open-End Fund Are Typically Purchased Through Stockbrokers,while

question 105

True/False

Shares of an open-end fund are typically purchased through stockbrokers,while closed-end fund shares are typically purchased directly from the fund.

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Definitions:

Corporate Partner

A business entity that collaborates with another company in a strategic alliance or partnership, often to achieve mutual business objectives.

Transportation Services

Services that provide the movement of people, animals, or goods from one location to another via various modes such as buses, taxis, trains, and airplanes.

Legislative History

The documents and records, including committee reports and debates, generated during the process of a bill becoming law, used to understand lawmakers' intentions.

Courts Use

The application and utilization of judicial systems to interpret and apply laws, resolve disputes, and administer justice.