In a horizontal fashion trend, a fashion is passed from the upper through lower classes through distinctive, emulation, and economic emulation stages

When investors switch between funds within the same fund family, mutual funds may charge

A) a contingent deferred sales charge. B) a redemption fee. C) an exchange fee. D) 12b-1 fees. E) an account maintenance fee.

Major innovations are most likely to come from large corporations

Indicate whether the statement is true or false.