18. If you are currently experience a bear market, you should adjust your allocation as follows:

Select one:

a. increase equities, decrease cash and fixed income

b. increase cash, decrease fixed income and equities

c. increase cash, fixed income and decrease equities

d. increase equities and fixed income, decrease cash

e. increase equities and cash, decrease fixed income

17. What is the most commonly purchased life insurance product and what is the most required life insurance product?

Select one:

a. universal life, whole life

b. whole life, universal life

c. term life, critical illness

d. critical illness, term life

e. universal life, critical illness

13.

If you have contributed $50,000 into a TFSA over your lifetime and withdraw $80,000 by the end of the year, how much can you contribute in 2021?

Select one:

a. $99,500

b. $105,500

c. $69,500

d. $6,000

e. $63,500