What Are the Differences Between an ETF and a Mutual

Multiple Choice

What are the differences between an ETF and a mutual fund?

A) An ETF can be traded like a share of common stock.
B) An ETF can be purchased on margin or sold short like a share of common stock.
C) An ETF is more tax-efficient than most mutual funds.
D) All of the above are correct.
E) Only A and C are correct.