61-)

The major underwriting factors of life insurance are age and sex, although occupations, health, and lifestyle choices are also considered.

Select one:

True

False

62-)

Mutual funds that invest in foreign bonds as well as Canadian bonds are called

Select one:

a. global bond funds.

b. Treasury bond funds.

c. foreign bond funds.

d. international bond funds.

64-)

In which of the following scenarios would you favour leasing versus purchasing a car?

Select one:

a. Repair expenses on the car are very low.

b. The car in question is one whose value depreciates rapidly.

c. The resale or trade-in value of the car will be high.

d. The kilometers that you drive each year vary significantly and are hard to predict.

65-)

For each Canadian, or resident of Canada, their CPP payments are calculated on their

Select one:

a. total income taxes paid.

b. total employment earnings.

c. income earned below the YBE.

d. income earned between the YBE and YMPE.