Disadvantages of ETFs Include All of the Following Except

question 79

Multiple Choice

Disadvantages of ETFs include all of the following except

• A) investors incur a bid-ask spread when purchasing.
• B) investors must pay a broker fee when purchasing.
• C) prices are only quoted once each day.
• D) prices can depart from NAV at times.

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Definitions:

Unilateral Changes

Actions taken by an employer to alter conditions of employment (such as wages, hours, or terms and conditions) without consultation or agreement with the union representing the employees.

Permissive Bargaining Issue

issues in collective bargaining that are not mandatory or illegal for negotiation, and may be discussed at the discretion of both parties, such as certain employee benefits.

Good Faith Effort

An honest, sincere intention or attempt to fulfill a duty or obligation without intent to defraud or seek an unfair advantage.

Legal Requirements

Mandatory conditions or laws that an entity must comply with in its operations or activities.