Stockbrokers Typically Do Not Sell No-Load Funds Because

question 81

Multiple Choice

Stockbrokers typically do not sell no-load funds because

• A)the return is lower than for load funds.
• B)they are prohibited from doing so by securities law.
• C)there is no commission paid to the broker.
• D)there is no secondary market for them.

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Definitions:

Females

Individuals of a species that are typically characterized by the ability to produce eggs or bear offspring.

Lac Operon

An example of gene regulation in prokaryotes, involving a group of genes that are involved in the transport and breakdown of lactose in the cell.

Repressor

A substance, often a protein, that inhibits the expression of a gene.