Which of the following is not a major change to bankruptcy law in the Bankruptcy Abuse Prevention and Consumer Protection Act?

A. Means test.
B. Lowering the priority of alimony payments.
C. Proof of income.
D. Credit counseling.


Answer: B

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On average, how much does a new car depreciate in value in the first two years of an expected five year life?

a. over 90% b. only 10% c. close to 30% d. about 50% e. less than 2%

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A survivorship joint life policy pays out at the first death

Indicate whether the statement is true or false.

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Most contracts need to be performed only to the satisfaction of a reasonable person unless they expressly state otherwise

Indicate whether the statement is true or false

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Suppose you invest $15,000 by purchasing 200 shares of Abbott Labs (ABT) at $40 per share, 200 shares of Lowes (LOW) at $20 per share, and 100 shares of Ball Corporation (BLL) at $30 per share. The weight of Ball Corporation in your portfolio is ________

A) 50.00% B) 40.00% C) 20.00% D) 30.00%

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