Which of the following is a difference between Exchange Traded Funds (ETFs) and mutual funds?

A. Unlike mutual funds, ETFsare bought and sold just like shares of corporate stock.
B. Unlike mutual funds, ETFsrepresent ownership in a broad portfolio of securities.
C. Unlike mutual funds, ETFs are a relatively old investment vehicle.
D. Unlike mutual funds, ETFs are professionally managed.


Answer: A

Business

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Collaboration is always the best approach to take when seeking to resolve a dispute because you cannot afford not to take the time to collaborate

Indicate whether the statement is true or false.

Business

Kevin, a contractor, authorized Toby to conclude contracts for home renovation on his behalf

Each time Toby met with a potential customer, he would advise the customer that he was acting on behalf of Kevin. Toby concluded a contract with Myra to renovate her home for $1,000. On finding out about the contract, Kevin refused to carry out the renovation as he believed that the price agreed upon was too low. Which of the following statements is TRUE? A) If Kevin refuses to do the work, Myra can sue him for breach of contract. B) Kevin is free to increase the price charged under the contract. C) Myra can sue both Kevin and Toby if Kevin refuses to perform the contract. D) If Kevin refuses to perform under the contract, Toby must complete the home renovations himself. E) Myra cannot sue Kevin for breach of contract as the contract was concluded with Toby.

Business

According to the BCG Matrix, a high-growth, weak-competitive-position business is called a

A. satellite. B. star. C. question mark. D. cash cow. E. dog.

Business

If a firm's credit period is increased, the sales volume can be expected to ________, the investment in accounts receivable can be expected to ________, and the bad debt expenses can be expected to ________

A) increase; decrease; decrease B) increase; increase; decrease C) increase; increase; increase D) decrease; decrease; decrease

Business