Use the Following Two Columns of Items to Answer the Matching

question 103

Multiple Choice

Use the following two columns of items to answer the matching questions below:
-no-load mutual fund

• A)funds that sell shares directly to investors and repurchase the shares when investors wish to sell them
• B)annual expenses per share divided by the net asset value of a mutual fund
• C)funds that sell directly to investors and do not charge a fee
• D)amount by which a closed-end fund's share price in the secondary market is above the fund's NAV
• E)market value of the securities that a mutual fund has purchased minus any liabilities owed

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Definitions:

Paternalism

The act of governing individuals in a manner similar to a parent, often justifying the limitation of freedoms for the presumed well-being of the person being governed.

Motorcyclists

Individuals who ride motorcycles, engaging in activities that range from commuting to recreational motorcycling.

John Stuart Mill

A British philosopher, political economist, and civil servant known for his contributions to social theory, political theory, and utilitarianism.

Freedom Of Choice

The right or ability of individuals to make decisions for themselves without undue influence or constraint from others.