The Ability to Automatically Buy Additional Fund Shares Using the Dividend

question 70

Multiple Choice

The ability to automatically buy additional fund shares using the dividend income generated by the fund is called a(n)

• A)automatic investment plan.
• B)automatic reinvestment plan.
• C)systematic withdrawal plan.
• D)conversion plan.

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Definitions:

Three-Fifths Clause

A provision signed into the Constitution in 1787 that three-fifths of the slave population would be counted in determining each state’s representation in the House of Representatives and its electoral votes for president.

Uncle Tom's Cabin

An anti-slavery novel by Harriet Beecher Stowe published in 1852, which played a significant role in shaping public opinion about slavery in the United States.

Autobiography

A self-written account of the author's own life, often presenting personal insights and historical events from their perspective.