Which is NOT a part of the primary mortgage market?
a. FHA
b. VA
c. CalVet
d. Fannie Mae
Answer: a. FHA
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The best reason for designating a trust as a life insurance policy beneficiary is to
A) make it possible to manage the policy proceeds for the long-term benefit of an individual or organization B) make it possible to benefit an individual or organization that might have otherwise been ineligible to be a designated beneficiary C) remove the policy proceeds from the insured's taxable estate D) make it possible to accumulate income tax-free interest on the policy proceeds once they are paid into the trust"
If a company sold 54 million units of a particular product, which represents a 6% market share, calculate the market demand for the product
A) 900 million B) 90 million C) 9 million D) 324 million E) 648 million