Free CTFA Exam Braindumps (page: 40)

Page 39 of 113

An account held by the lender into which the home buyer pays money for tax or insurance payments.

  1. Entitlement
  2. Deed of trust
  3. Escrow
  4. Earnest money

Answer(s): C



It is a document that gives evidence of an individual's ownership of property. What is it?

  1. Title
  2. Lien
  3. Deed of trust
  4. Escrow

Answer(s): A



Mutual funds let you invest.

  1. Invest risk free
  2. Avoid taxes
  3. Profit in any market
  4. Invest in many stocks with relatively little money

Answer(s): D



The fund's investment objective can be found in:

  1. The prospectus
  2. Statement of omitted information
  3. Letter from the president
  4. Statement of additional information

Answer(s): A






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