Which of the following is most likely covered by your homeowners’ insurance? A) Expensive sound equipment in your car B) Your pets C) The property of tenants D) Your personal property left in a locked car ANSWER D
“Basic health care” coverage consists of A) hospital insurance, surgical insurance, and medical insurance. B) hospital and accident insurance. C) dreaded disease insurance. D) heart and cancer insurance. ANSWER A
In the years following the Great Recession (2007-2009 ) growth in the United States economy was ________ the rate of inflation. A) less than B) equal to C) greater than D) These two measures were unknown due to high federal government deficit. ANSWER C
The refund feature on an annuity guarantees that A) you will be satisfied with the investment build-up, because you may withdraw your funds at will. B) you can withdraw all your contributions at age 59-1/2. C) payments will continue until they have at least refunded the cost of the annuity. D) the insurance company can […]
The individual appointed by the judge to manage the estate immediately after death when there is no valid will is known as the A) executor. B) administrator. C) grantor. D) grantee. ANSWER B
Which one of the following statements concerning homeowners’ insurance is false? A) Your property away from home is generally not covered under your homeowners’ policy. B) There are generally policy limits on specific contents like silverware and jewelry. C) Homeowners’ insurance generally covers additional living expenses if your home is uninhabitable due to a covered […]
A low-cost source of credit may be your whole life insurance policy. Indicate whether the statement is true or false ANSWER TRUE
A “HOLDR” is an example of a market segment exchange-traded fund. Indicate whether the statement is true or false ANSWER TRUE
Broad market exchange-traded funds, while useful, have not gained wide popularity with investors. Indicate whether the statement is true or false ANSWER FALSE
At the end of fiscal year 2012 (January 31, 2012 ) Walmart sales came primarily from three divisions. In order from the greatest sales to least, those divisions are: A) U.S. discount and grocery operations, membership warehouse operations., and Walmart International operations. B) Walmart International operations, membership warehouse operations, and U.S. discount and grocery operations. […]