Money given by a buyer to a seller, as part of the purchase price to bind a transaction or assure payment.
A. Down Payment
B. Escrow
C. Earnest money
D. Deed of trust
Large- value funds own__________.
A. Large company stocks considered overvalued
B. Large amounts of value companies
C. Large company stocks considered under valued
D. Largely overvalued stocks
APR is the same as the interest rate.
A. True
B. False
C. It depends
D. APR is not comparable with interest rate
Dealer charges include:
A. Manufacturer warranty
B. Retailer warranty
C. Producer warranty
D. None of these
In stocks, technical analysis is based on studying:
A. P/E
B. EPS trends
C. Stock fundamentals
D. Stock Charts
All of the following are characteristics of stop orders EXCEPT:
A. Protecting profits
B. Minimizing losses
C. Rapid execution
D. It is seldom used by investors
Which of the following depicts a bullish trend in the stock market?
A. Stock price drop below support level
B. Stock price drop below resident level
C. Stock price never drops below support level
D. None of these
The sum of values assigned by claims adjusters to specific known claims that were recorded by the insurance entity but not yet paid at the financial statement date is called:
A. case-basis reserves
B. computing reserves
C. aggregate reserves
D. None of the above
Reporting investments, set requirements regarding matters such as location of asset and set limitations on investing in future are all prescribed by a method called:
A. Insurance investment
B. State regulations
C. Intent of investment
D. Market security lending
Some of the risks associated with bond funds are all of the following EXCEPT:
A. Credit Risk
B. Interest Rate Risk
C. Payment Risk
D. Liquidity Risk
A form of direct ownership f an individual unit in a multi-unit project in which lobbies, swimming pools, and other common areas are jointly owned by all property owners in t project.
A. Condominium
B. Single family homes
C. Cooperative apartment
D. Rental units
It is referred to an investigation that involves contacting credit references or corresponding with a credit beureau to verify information on a credit application.
A. Credit bureau
B. Credit scoring
C. Credit investigation
D. Credit line
For $1,000 you can purchase a 5-year ordinary annuity that will pay you a yearly payment of $263.80 for 5 years. The compound annual interest rate implied by this arrangement is closest to:
A. 8%
B. 9%
C. 10%
D. 11%
To increase a given present value, the discount rate should be adjusted:
A. Upward
B. Downward
C. True
D. Fred
They say it pays to shop around and when it comes to credit cards that are certainly true. Regardless of which category they fall into, there are basically four credit card features to look for. Which of the following is/are out of those features?
A. Annual fees
B. Rate of interest charged on account balance
C. Length of the expiration period
D. Method of calculating balances