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Exam Code: CDFL

Exam Name: Big Data - Foundation Level

Version: V12.55

Q & A: 77 Questions and Answers

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NEW QUESTION: 1
Which of the following registered investment companies normally sells with an appropriate commission added to the contract price?
A. a face-amount certificate company
B. a unit investment trust
C. an open-end investment company
D. a closed-end investment company
Answer: D
Explanation:
Explanation/Reference:
Explanation: a closed-end investment company. An open-end investment company may have a sales charge but not a commission.

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