Which of the following statements is true?

A. As wealth increases so does the need for liability insurance.

B. Liability coverage is most important for people when they are younger.

C. Liability coverage is not important for financial advisors.

D. Homeowners policies will cover you for business related liabilities if you have a home office.

Which statement is true?

A. When investing in a mutual fund you cannot lose more than 100% of your money

B. When investing in a mutual fund you cannot gain more than 100% of your money

C. When investing in a mutual fund you cannot gain more than 100% of your money or lose more than 100% of your money

D. There is a limit on gains but not on losses when investing in mutual funds.