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What Type of Funds Are Typically No-Load Funds That Impose

question 92

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What type of funds are typically no-load funds that impose no penalty for early withdrawal and generally allow holders to write checks against their account?

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Definitions:

Repair Shop

A business dedicated to fixing and maintaining vehicles, electronics, or other machinery.

Goods In Bailment

Purchased goods that are in some kind of storage under the control of a third party, such as a warehouseman.

Storage

The action or method of storing goods, data, or information for future use.

Physical Possession

The actual holding or control of property, as opposed to constructive possession which is the legal right to control.

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