(a) Growth stocks
(b) blue chip stocks
(c) penny stocks
(d) all carry the same amount of risk.
2- Virginia and edgar would like to supplement their income with an investment in bonds. Which type of bonds would most likely give them the highest rate of return?
(a) a savings bond
(b) treasury bond
(c) municipal bonds
(d) corporate bonds
3- Annuities generally provide
(a) High returns
(b) tax advantages
(c) safe, guaranteed income
(d) A and B only
(e) B and C only
4- which of the following is NOT a function of will?
(a) to identify an executor for an estate
(b) to identify a guardian for children
(c) to outline a person's wishes to have life support removed
(d) to give instructions for assets and liabilities
5- which of the following help to reduce an insurance company's share of risk?
(a) Waiting period
(b) deductibles
(c) co-insurance
(d) all of these
6- Sena lies in a state with a no-fault insurance system. Twiggy run's a stop sign and damage's sena's car. Because sena was not at fault, she can make a full claim on
(a) their states no-fault insurance pool
(b) Twiggy's insurance policy
(c) Sena's own insurance policy
(d) both insurance policy's
