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SCI BCP Set 1
SGD 29.90 Add to cart2 July 2020
BCP Exam Question
Which of the following methods is used to ensure that an insured person does not get more than an indemnity by claiming for the same loss or damage from two insurance policies?
a) Subrogation.
b) Sublet.
c) Right of Lien.
d) Assignment.
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M1B Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M1B Exam Question
A Representative must not directly or indirectly deal in securities which involve no change of beneficial ownership. The Representative’s only defence is if he or she can show that they had no reason to suspect that the transaction was a:
a) swap sale
b) wash sale
c) trade sale
d) time sale
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M5 Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M5 Exam Question
Under the Financial Advisers Regulations (FAR), unsecured credit facility does NOT include:
a) any loan made without security.
b) any credit facility made with security that does not exceed the market value of the assets constituting that security.
c) any performance bond entered into by the licensed financial adviser in connection with any credit facility made by another party to its representatives.
d) the provision of any security by the licensed financial adviser in connection with any credit facility made by another party to its representatives.