Free CTFA Exam Braindumps (page: 56)

Page 56 of 113

Advantages of leasing are all of the following EXCEPT:

  1. Better car for less money
  2. A new car every few years
  3. No trade in hassle at the end of the lease
  4. No mileage penalty

Answer(s): D



Disadvantages of leasing are all of the following EXCEPT:

  1. When interest rates are low, owning makes more financial sense than leasing
  2. No mileage penalty
  3. Increased flexibility
  4. No trade

Answer(s): D



A form of direct ownership f an individual unit in a multi-unit project in which lobbies, swimming pools, and other common areas are jointly owned by all property owners in t project.

  1. Condominium
  2. Single family homes
  3. Cooperative apartment
  4. Rental units

Answer(s): A



An apartment in a building in which each tenant owns a share of nonprofit cooperation that owns the building.

  1. Cooperative Apartment
  2. Rental contract
  3. Rent-or-buy
  4. None of these

Answer(s): A



Page 56 of 113



Post your Comments and Discuss ABA CTFA exam with other Community members:

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
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JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
upvote