QUESTION 28

1. What is the date at which a buyer of a stock is no longer entitled to a corporation's dividend?

   	a.	declaration date
   	b.	ex-dividend date
   	c.	payment date
   	d.	annual meeting date

QUESTION 29

1. An indirect investment in real estate that works like a mutual fund and is required to distribute most of its net rents to its owners is known as a(n):

   	a.	GNMA fund
   	b.	real estate agency bond
   	c.	real estate investment trust
   	d.	rental property

QUESTION 30

1. Which of the following steps can one take to minimize the cost of premiums associated with property insurance?

   	a.	get a personal articles floater
   	b.	get an umbrella policy
   	c.	combine multiple policies with the same insurer
   	d.	reduce your deductible

QUESTION 31

1. The primary advantage of a _________________policy is that it is the least expensive.

   	a.	whole life
   	b.	universal life
   	c.	term life
   	d.	variable life

QUESTION 32

1. A ________ order can be used to protect one's profits on a stock transaction.

   	a.	good till canceled
   	b.	stop
   	c.	limit
   	d.	market

QUESTION 33

1. F favors a Roth IRA over the traditional IRA. What is a main advantage of the Roth IRA?

   	a.	tax free distributions upon retirement
   	b.	earnings are tax deferred until withdrawn
   	c.	contributions are tax deductible
   	d.	there really are no advantages