Milton is responsible for administering a very large mutual fund's investment in a technology company.He carefully scrutinizes the company's acquisitions and a recent Take-over bid,however,he does not ever become involved in the day-to-day management of the company,preferring to just sit back and let the managers do their job.The mutual fund is _________shareholder in this example.
A) a passive
B) a minority
C) both passive and active
D) a majority
E) an active
Correct Answer:
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