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A. closed-end C. load D. no-load E. convertible 14. Gey Legere has died without writing a will What is the legal term for this? A.

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A. closed-end C. load D. no-load E. convertible 14. Gey Legere has died without writing a will What is the legal term for this? A. Probate B. Intestate D. Statutory E. Codici 15. Marcie is seeking interest income but wants to ensure that her investment is as safe as possible. Which type of mutual fund best fits her A. Junk bond fund B. Intermediate corporate bond fund C. Growth fund D. Short-term government bond E. World bond fund 16. Ben Carmichael has been making contributions into an individual retirement account for his retirement. His contributions are tax deductible as his employer does not offer a retirement plan. What type of individual retirement account does he have? A. Traditional IRA B. Roth IRA C. Spousal IRA D. Coverdell Education Savings Account E. 40100) 17. Peril is defined as: A. the refusal by an insurance company to pay for a loss. B. the cause of risk. C. the cause of a possible loss. D. an uncertainty as to loss. E safety 18. Jeff Goldblum has just purchased a security which has no maturity date and no promised payments. He can recoup his investment by either seling the security to another individual or to the issuer, if the issuer ever makes an offer to buy it. What type of security did Jeff A Stock option B. Corporate bond C. Government bond D. Dividend E. Common stock

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