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CMFAS M5 Mock Question:A financial adviser must disclose all of the following except:
a) any lien imposed on a life policy.
b) the bid and offer prices of a collective investment scheme with a single pricing scheme.
c) the risk factors that may result in the benefits payable to be less than that illustrated in the benefit illustration.
d) whether the units of a collective investment scheme will be priced on a historical or forward basis.
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M6A (Set 2)
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CMFAS M6A Mock Question:Which of the following occurs in an interest rate swap?
a) Net interest payments are made and the notional principal is swapped.
b) Net interest payments are made.
c) Notional principal is returned.
d) Net notional principal is swapped.
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CGI Set B
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ComGI Mock Question:Which of the following terms correctly describes a situation where an individual who is liable for an accident is under the control of some other person or organization, and who, therefore, transfers liability to that party in control?
a) Strict Liability
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c) Vicarious liability
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