An Index Fund

question 60

Multiple Choice

An index fund:

• A) Is a passively managed mutual fund
• B) Has higher trading costs than an actively managed mutual fund
• C) Has higher trading costs than a passively managed mutual fund
• D) Is an actively managed mutual fund

Understand the legal impact of silence, misinterpretation, and law changes on contracts.

Understand the elements that constitute a valid offer in contract law.

Grasp the concept and requirements of the UCC’s firm offer rule.

Recognize the effects of a party’s death or incapacity on an offer.

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Definitions:

Proactive Interference

The phenomenon where older memories interfere with the recall of newer memories.

Retention

The ability to keep or hold onto something, such as information or substances, within a system or body.

Long-Term Memory Formation

The process of transferring information from short-term to long-term memory, involving consolidation and the strengthening of neural connections.

Structural Changes

Alterations in the physical or organizational structure of something, often referring to the brain or other bodily organs.