Online Access Free CSC1 Practice Test

What is margin in an equity transaction?

• A.Loan that a dealer extends to a client to buysecurities.
• B.Good-faith deposit to ensure the client will make future financial obligations
• C.interest paid by the client to borrows securities.
• D.Amount paid by a client when he uses credit to buy securities

What bestdescribes the liability of limited partners in a limited partnership?

• A.Their liability includes personal assets.
• B.They are not liable for debts and losses incurred in business operations.
• C.Their liability is limited to their investment
• D.They are liable only to the extent of the daily business activities they participate in.

What is the main benefit of investing in preferred shares?

• A.Priority to receive fixed dividends ahead of common shareholders.
• B.Guaranteed dividend payment.
• C.Priority to claim assets ahead of debt holders.
• D.Higher potential for capital appreciation than common shares.

What is the best long-term strategy for themunicipality to improve Us credit rating?

• A.increase cash flow through higher business taxes toimprove debt repayment ability.
• B.Attract new investments from various industries to increase tax revenue.
• C.Negotiate a deal with me provincialgovernment to back up its securities.
• D.Build a strong, exclusive industry with little competition in the region.

An investor has earned additional Income and is looking to invest in a security that guarantees returns over.
The next seven years. What is the Best option for purchase?

• A.Common shares
• B.Proffered shares
• C.Provincial saving bond
• D.Exchange-traded fund.