BUS/110.
BUSINESS
wiseman 2026/2027 BUSINESS
, FIN 101 Final Exam questions
with correct answers
2026/2027 Edition Graded A+
The maximum amount of money you could lose in a short sale is____
at the time of the transaction.
Known/Unknown - ✅✅Unknown
A ____ market is characterized by falling stock prices
Bull/Bear - ✅✅Bear
A fixed dividend would be received with ____stock
Common/Preferred - ✅✅Preferred
A mobile home is ____ likely to suffer a complete loss than a
conventional house
, Less/More - ✅✅More
The Principle of ____ states that the insured may not be compensated
by the insurance company in an amount exceeding the insured's
economic loss
Indemnity/Peril - ✅✅Indemnity
They type of car you drive will have___ effect on the premiums you
pay
No/A large - ✅✅A large
Stockbrokers prefer clients who____
Buy and hold/Trade actively - ✅✅Trade Actively
Bill was the at-fault party when you and he collided. Your insurance
company has paid for the damages to your car. Now, it intends to
recover this money from Bill. This is the right of___
Subrogation/ Indemnification - ✅✅Subrogation