A Load Fund

question 87

Multiple Choice

A load fund

• A)charges a commission for purchases or sales.
• B)is not obligated to redeem shares issued.
• C)earns income only from management fees.
• D)issues shares that may sell at a discount to the market value of the underlying assets.

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Definitions:

Competitive Conflict

A situation where individuals or groups see their goals as incompatible, leading to opposition or rivalry.

Win-Lose

A conflict resolution outcome where one party's gain is directly correlated with the other party's loss, often resulting in a competitive or adversarial situation.

Collective

A group action taken by individuals working together towards a common goal, often used in social, political, or economic contexts.

Greedy

An excessive or rapacious desire for wealth or possessions, often at the expense of ethical standards or the well-being of others.