A hedge fund is similar to a mutual fund in that it invests funds on behalf of clients. Select the notable difference between hedge funds and mutual funds from the following choices?

a. Hedge funds have to register under U.S. federal securities law

b. Hedge funds do not publicly offer their securities.
c. Mutual funds and not hedge funds have all sophisticated investors and thus are subject to more regulations.
d. Unlike mutual funds, rarely do hedge funds use derivatives for speculation.

b

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Read the information about Copper Corp Assuming that there are no other transactions, how much was owed to the club by the membership on August 8th?

a. $1,800 b. $1,300 c. $ 900 d. $ 500

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One of the major differences between U.S. and European Union competition laws is the European Union's treatment of horizontal agreements

a. True b. False Indicate whether the statement is true or false

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