A is borrowing whose repayment is based solely on the full faith and credit of the...

   

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A is borrowing whose repayment is based solely on the full faith and credit of the debtor. A. B. C. D. credit line secured debt clean loan good faith loan Which of the following is an important benefit of long term investing in the stock market? A. Getting to know a financial advisor well over many years. B. Historically, investing in stocks for a long period of time generates higher returns than savings accounts. C. There are no fees for investments held for longer than five years. D. After ten years, profits on investments in the stock market are protected from price fluctuations. A person, who is reluctant to invest in stocks because she has a low tolerance for risk should consider: - A. Trading stocks frequently to avoid taxes. B. Buying on margin by borrowing from the brokerage firm. C. Choosing speculative stocks since they pay interest. D. Buying unit trusts because they are professionally managed. Which of the following provides the greatest amount of liquidity? A. Unit trust funds. B. Real Estate. C. Bank deposit. D. Collectibles. Which is true about credit cards? A. They are an example of revolving credit. B. They promote impulse spending C. They are convenient for making purchases D. All of the above. The fee paid for insurance protection is the A. premium B. deductible C. claim D. fee rate. In insurance, anything that may cause a loss is known as A. peril B. disaster C. calamity D. All of the above. Which of the following is a reason that people do not save money? A. They lack discipline. B. They do not live on a budget. C. They lack focus. D. All of the above. The contract for motorcar financing is the form of A. leasing B. automobile term loan C. D. hire purchase overdraft. The safest type of investment for the small time investor would be: - A. Unit Trust B. Bonds C. Hedge Funds D. Stocks Which of the following investments best illustrates diversification? A. Money market account B. Bond C. Mutual fund D. Gold A call feature: A. allows bondholders to convert their bond to a specified number of shares of common stock. B. is not available on corporate bonds. C. allows the corporation to buy outstanding bonds from current bondholders before the maturity date. D. is guaranteed by the corporation Which is the correct description for buying on hire purchase? A. Interest free repayment for the whole term. B. Taking legal ownership only after paying one-third of the amount. C. Borrowing to buy at a low rate of interest. D. Taking legal ownership only after paying the complete amount. What are good reasons to purchase a used car over a new car? A. New cars depreciate faster than used cars B. Insurance is generally cheaper on a used car C. There are typically better financing options on a used car D. All of the above An item of value pledged as a guarantee for payment of a loan which can be forfeited by the lender if the loan is not paid back. A. Security B. Net worth C. asset D. collectible A is borrowing whose repayment is based solely on the full faith and credit of the debtor. A. B. C. D. credit line secured debt clean loan good faith loan Which of the following is an important benefit of long term investing in the stock market? A. Getting to know a financial advisor well over many years. B. Historically, investing in stocks for a long period of time generates higher returns than savings accounts. C. There are no fees for investments held for longer than five years. D. After ten years, profits on investments in the stock market are protected from price fluctuations. A person, who is reluctant to invest in stocks because she has a low tolerance for risk should consider: - A. Trading stocks frequently to avoid taxes. B. Buying on margin by borrowing from the brokerage firm. C. Choosing speculative stocks since they pay interest. D. Buying unit trusts because they are professionally managed. Which of the following provides the greatest amount of liquidity? A. Unit trust funds. B. Real Estate. C. Bank deposit. D. Collectibles. Which is true about credit cards? A. They are an example of revolving credit. B. They promote impulse spending C. They are convenient for making purchases D. All of the above. The fee paid for insurance protection is the A. premium B. deductible C. claim D. fee rate. In insurance, anything that may cause a loss is known as A. peril B. disaster C. calamity D. All of the above. Which of the following is a reason that people do not save money? A. They lack discipline. B. They do not live on a budget. C. They lack focus. D. All of the above. The contract for motorcar financing is the form of A. leasing B. automobile term loan C. D. hire purchase overdraft. The safest type of investment for the small time investor would be: - A. Unit Trust B. Bonds C. Hedge Funds D. Stocks Which of the following investments best illustrates diversification? A. Money market account B. Bond C. Mutual fund D. Gold A call feature: A. allows bondholders to convert their bond to a specified number of shares of common stock. B. is not available on corporate bonds. C. allows the corporation to buy outstanding bonds from current bondholders before the maturity date. D. is guaranteed by the corporation Which is the correct description for buying on hire purchase? A. Interest free repayment for the whole term. B. Taking legal ownership only after paying one-third of the amount. C. Borrowing to buy at a low rate of interest. D. Taking legal ownership only after paying the complete amount. What are good reasons to purchase a used car over a new car? A. New cars depreciate faster than used cars B. Insurance is generally cheaper on a used car C. There are typically better financing options on a used car D. All of the above An item of value pledged as a guarantee for payment of a loan which can be forfeited by the lender if the loan is not paid back. A. Security B. Net worth C. asset D. collectible

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