All mutual funds always charge a:
A. transaction fee.
B. 12b-1 fee.
C. management fee.
D. fee on the sale of the shares.
E. redemption fee.
Answer: C
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Pierre Dupuis was the sole shareholder of Sports Trophies Inc and the business borrowed $500,000 from the TD Bank. Pierre personally guaranteed the loan to the business. The business did well and Peter then sold the business to Jim Hall
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