A(n)________ Is a Sales Charge That Can Be Charged When

question 50

Multiple Choice

A(n) ________ is a sales charge that can be charged when investments are made in the fund or when money is withdrawn from the fund.

• A)Fund fee
• B)Load
• C)Expense ratio
• D)Transaction fee

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Definitions:

Mead

An alcoholic beverage created by fermenting honey with water, sometimes with the addition of fruits, spices, grains, or hops.

Stockbroker

A professional who buys and sells stocks and other securities on behalf of clients in exchange for a fee or commission.

Overjustification Effect

A psychological phenomenon where external rewards can reduce intrinsic motivation for a task, due to the individual attributing their behavior to the reward rather than their own interest.

Extrinsic Rewards

Benefits given by an external source, such as money, grades, or praise, which are used to motivate certain behaviors.