Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Public unit trusts may be listed or unlisted. The main advantage to unit holders in a listed trust is: listed trusts can invest in a
Public unit trusts may be listed or unlisted. The main advantage to unit holders in a listed trust is:
- listed trusts can invest in a wider range of assets.
- management fees are lower.
- units can be sold at any time through the stock exchange.
- unlisted trusts have higher entry and exit fees.
The insurance policy products offered by life insurance offices include: I whole-of-life insurance; II term life insurance; III disablement insurance; IV house and contents insurance; V income protection insurance; VI public liability insurance; I, II, IV, V.
- I, II, III, V.
- II, III, IV, V.
- I, III, V, VI
The main assets of credit unions are:
- loans to the business sector.
- credit card loans.
- loans to members including housing loans.
- loans to community organisations.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started