Examlex
Which of the following is TRUE of mutual funds?
I. Active funds generally give higher returns than passive funds.
II. Most mutual funds generally give higher returns than broad stock indexes.
Law Partnership
A business entity formed by lawyers who engage in the practice of law together.
Potted Plant
A plant that is grown or displayed in a pot or other container, rather than planted in the ground.
Liability
Anything that is owed to other people or institutions.
Stockholders
Individuals or entities that own shares in a corporation, making them partial owners of the company and entitling them to dividends and voting rights.
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