A mutual fund is a means by which investors with only a small amount of money can invest in a portfolio of securities

Indicate whether the statement is true or false.


Answer: TRUE

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Ballpark has 61,000 shares of $16.00 par common stock outstanding. Ballpark announces a stock split of 4-for-1. What is the effect of the split?

A) par stays at $16.00; total shares increase to 15,250 B) par drops to $8.00; total shares stay at 61,000 C) par drops to $4.00; total shares increase to 244,000 D) par goes to $64.00; total shares increase to 244,000

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Identify the adjectives in the sentence. Beautiful boats with swelling sails dotted the coast of Long Island

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On Monday, Foster deposits in his account at Guaranty Bank a local check for $500. After 5:00 P.M. on Friday, from these funds, Foster can withdraw no more than

a. $100. b. $400. c. $500. d. $600.

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The Supreme Court held it to be legal, under a rule of reason in the Broadcast Music case, for the rights to play copyrighted music to be sold under a blanket licensing agreement that prevented negotiation over fees

a. True b. False Indicate whether the statement is true or false

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