1) A single mutual fund company offers only one class of load shares to investors, such
as A, B, or C.
2) Both property and liability insurance protect you from financial losses resulting from
damage to or destruction of your property.
3) If you retire between ages 50 and 59 , you can withdraw funds from tax-sheltered
retirement accounts without penalty.
4) The best way to ensure that you “beat the market” is to invest in “hot” mutual funds.
5) When comparison shopping, your goal is to make a decision to purchase an item.
6) People who expect to live for a longer period than the average expectancy may
achieve a better financial position by taking employer pension benefits early.
7) Judy Lowe invested $100,000 in rental property for which she received $10,000 rent.
She will have to pay taxes on the full $10,000 rental income.
8) The liability section of a balance sheet would include money owed to a doctor or a
lawyer but would not include money owed to a friend.