DRIPs (Dividend Reinvestment Plans)generally Have Few or No Transaction Costs

question 75

True/False

DRIPs (dividend reinvestment plans)generally have few or no transaction costs.

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Definitions:

Duties

Responsibilities or obligations of an individual, such as paying taxes or performing certain actions.

LLC Statutes

Legal regulations governing the formation, operation, and dissolution of Limited Liability Companies.

Mergers

The combination of two or more companies into a single legal entity, often to achieve greater efficiency or market share.

Surviving LLC

A term used to describe a limited liability company that continues to exist after a merger or consolidation, absorbing the assets and liabilities of the other entity.