One difference between open-end and closed-end funds is that
A)
open-end funds have no maturities, while closed-end funds are dissolved after a given number of years.
B)
shares of an open-end fund are bought and sold directly from or to the fund, while closed-end shares are bought and sold like the shares of any corporation.
C)
open-end shares can be purchased by the general public, while closed-end shares are available only to fund directors.
D)
closed-end funds control and manage open-end funds.
B
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Suppose you are an American donut company that has decided to launch a donut bakery and café in Shanghai, China. The company grosses US$25 million per year from donut and café sales, US$5 million of which is attributed to its bakery-cafés in Australia and New Zealand. Create an executive summary to convince a Chinese venture capitalist to invest in this project.
What will be an ideal response?
The first personal computer revolutionized computing and how business is conducted. It was using a(n) ________ entry strategy.
A. adaptive B. pioneering C. creative D. imitative
Garden Tool Company makes chain saws. Hadrian is injured while using a Garden saw and sues the company for product liability based on neg-ligence. To win, Hadrian must show that A) Garden did not use due care with respect to the trimmer
B) ?Garden used puffery in its advertising. C) Hadrian was not experienced in the use of trimmers. D) Hadrian was in privity with Garden.
Reinforcement advertising tells current users how to get the most satisfaction from the brand they have chosen.
Answer the following statement true (T) or false (F)