The Druid Fund has a NAV of $9.00 and an offer price of $9.45. We know, then, that
A)
Druid is a load fund.
B)
Druid is about to be issued to the public as a no-load fund with a $0.45 offer cost.
C)
shares can be purchased only through a stockbroker.
D)
there is a $0.45 premium paid to investors to buy the shares.
A
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Howard is injured by Penny in a car accident, caused due to Penny's negligence. Which of the following statements holds true for Howard's right to assign?
A) Howard cannot assign the recovery of punitive damages from Penny. B) Howard can only assign the recovery of his medical expenses from Penny. C) Howard's right to sue Penny cannot be assigned. D) Howard can only assign his right to take the case to the appellate court.
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Indicate whether the statement is true or false