In Most Cases, the Fees Charged by Load Funds Go

question 95

True/False

In most cases, the fees charged by load funds go to stockbrokers or other financial advisers who execute transactions for investors.

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Definitions:

Repudiate

The rejection or refusal to acknowledge or pay a debt, or the denial of the validity of a contract.

Credit-Reporting Agencies

Organizations that collect, maintain, and provide information about the credit history of individuals and businesses to potential creditors.

Debtors

Individuals or entities that owe money to others.

Contract Voided

Refers to a contract that has been declared invalid and is therefore unenforceable, as if it had never been made.