Companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as_____________?
(A) Debit unions
(B) Life insurance companies
(C) Credit unions
(D) Auto purchases
Corporations such as Citigroup, American Express and Fidelity are classified as__________________?
(A) Financial services corporations
(B) Common service corporations
(C) Preferred service corporations
(D) Commercial service corporations
A regulatory body which licenses brokers and oversees traders is classified as__________?
(A) International firm of auction system
(B) International association of network dealers
(C) National firm of equity dealers
(D) National association of securities dealers
Mutual fund allows investors to sale out their share during any normal trading hours is classified as____________?
(A) Exchange traded fund
(B) Management expense
(C) Money trade fund
(D) Capital trade fund
Step in initial public offering in which hired agents act on behalf of owners is classified as______________?
(A) Hiring problems
(B) Agency problems
(C) Corporation internal problems
(D) Corporation external problems
Federal government tax revenues if it exceeds government spending then it is classified as___________?
(A) Budget surplus
(B) Budget deficit
(C) Federal reserve
(D) Federal budget
Financial security which is tax exempted and issues by state governments to individuals is classified as___________?
(A) U.S treasury bonds
(B) Mortgages
(C) Municipal bonds
(D) Corporate bonds
All partners have limited liability in_________________?
(A) Unlimited liability partnership
(B) Limited liability partnership
(C) Controlled partnership
(D) Uncontrolled partnership
Low price for earnings ratio is result of________________?
(A) Low riskier firms
(B) High riskier firms
(C) Low dividends paid
(D) High marginal rate
Long-term equity anticipation security is usually classified as__________?
(A) Short-term options
(B) Long-term options
(C) Short money options
(D) Yearly call