FPC1 PRACTICE EXAM QUESTIONS
WITH 100% VERIFIED ANSWERS!!
1 of 33
Term
The offer of securities by any company must be accompanied by a
disclosure document.
What is an exception to this rule?
Give this one a try later!
explain how and when asic will exercise its specific powers
describe the principles underlying the approach that asic takes on various
matters
, (iii) give guidance on how to apply for an afs licence
(iv) provide examples of how regulated entities can meet their obligations
small-scale offerings
health insurance product
health insurance product
Don't know?
2 of 33
Term
To succeed in an action for negligence, it is necessary for a
claimant to establish whether:
Give this one a try later!
the defendant owed the
claimant a duty of care,
the claimant must have breached that duty of
suffered emotional distress care and reasonably
only foreseeable damage was
caused by the breach of
duty
the defendant must have a the claimant must prove the
prior criminal record defendant's intent to cause harm
, Don't know?
3 of 33
Term
Claudia attends her first meeting with financial adviser Nick of
Sunshine Financial Services, where she completes an extensive
fact- find document that
includes her personal details and information about her current
superannuation funds.
What actions would constitute a breach of Sunshine Financial
Services' obligations under the Privacy Act 1988 (Cth)?
Give this one a try later!
- adviser holds a financial - if an element of a valid
services licence or represents a contract did not exist
licensee - if the subject of the contract
- advice is personal financial is destroyed
product advice
- a financial services licensee Nick uses Claudia's personal
- a person who is listed or is a information to assist other
related body corporate of a service providers whose
listed entity services may be of interest to
her.
Don't know?
4 of 33
WITH 100% VERIFIED ANSWERS!!
1 of 33
Term
The offer of securities by any company must be accompanied by a
disclosure document.
What is an exception to this rule?
Give this one a try later!
explain how and when asic will exercise its specific powers
describe the principles underlying the approach that asic takes on various
matters
, (iii) give guidance on how to apply for an afs licence
(iv) provide examples of how regulated entities can meet their obligations
small-scale offerings
health insurance product
health insurance product
Don't know?
2 of 33
Term
To succeed in an action for negligence, it is necessary for a
claimant to establish whether:
Give this one a try later!
the defendant owed the
claimant a duty of care,
the claimant must have breached that duty of
suffered emotional distress care and reasonably
only foreseeable damage was
caused by the breach of
duty
the defendant must have a the claimant must prove the
prior criminal record defendant's intent to cause harm
, Don't know?
3 of 33
Term
Claudia attends her first meeting with financial adviser Nick of
Sunshine Financial Services, where she completes an extensive
fact- find document that
includes her personal details and information about her current
superannuation funds.
What actions would constitute a breach of Sunshine Financial
Services' obligations under the Privacy Act 1988 (Cth)?
Give this one a try later!
- adviser holds a financial - if an element of a valid
services licence or represents a contract did not exist
licensee - if the subject of the contract
- advice is personal financial is destroyed
product advice
- a financial services licensee Nick uses Claudia's personal
- a person who is listed or is a information to assist other
related body corporate of a service providers whose
listed entity services may be of interest to
her.
Don't know?
4 of 33
