Free GLO_CWM_LVL_1 Exam Braindumps (page: 57)

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What is `Mudharabah'

  1. Sale
  2. Islamic loan transactions
  3. Exchange contracts
  4. Profit sharing

Answer(s): D



The arbitrage pricing theory (APT) differs from the single-factor capital asset pricing model (CAPM) because the APT:

  1. Recognizes multiple systematic risk factors
  2. Does not recognize multiple systematic risk factors
  3. Does not treat risk as diversifiable
  4. Both b and c

Answer(s): A



What is a contract?

  1. An agreement between two or more parties which creates no obligation to do a particular thing.
  2. A contract is an agreement between two or more parties that does not establish an enforceable legal relationship.
  3. Contract consists of reciprocal promise that the law will not enforce.
  4. A contract is the result of a promise to do a certain thing in exchange for a promise from on their person.

Answer(s): D



Which of the following is true of mortgage?

  1. Lender is mortgager
  2. Typical of hypothecation
  3. Possession handed over when charge created
  4. Transfer of interest on specific immoveable property

Answer(s): D






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