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

question 1

Multiple Choice

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

• A) Mutual funds
• B) Open-end funds
• C) Closed-end funds
• D) Money market funds
• E) Balanced funds

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Definitions:

Unsteady

Lacking stability in motion or balance, often leading to increased risk of falls or accidents.

Ambulate

The ability to walk or move from one place to another independently.

Locomotion

The ability or action of moving from one place to another, using mechanisms such as walking, flying, or swimming.

Nervous System

The complex network of nerves and cells that carries messages to and from the brain and spinal cord to various parts of the body, controlling and coordinating bodily functions.