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Helping Hand Questions for CWM_LEVEL_2

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Question 32

Section A (1 Mark)

Under which of the following categories of General Warranty Deed does the Grantor warrants that the property is free of any liens or encumbrances unless they're specifically stated in the deed?

Options:

A.

Covenant of seisin

B.

Covenant against encumbrances

C.

Covenant of quiet enjoyment

D.

Covenant of further assurance

Question 33

Section A (1 Mark)

Which of the following will be specifically considered while assessing a property and establishing comparisons with other properties?

Options:

A.

Marketability

B.

Location

C.

Legal attributes

D.

All of the above.

Question 34

Section C (4 Mark)

Which of the following statements is/are correct?

Options:

A.

I and II

B.

I, II and IV

C.

III and IV

D.

All of the Above

Question 35

Section A (1 Mark)

The most profitable credit card customers for a bank are those that:

Options:

A.

Use their credit card frequently

B.

Pay off any charges incurred within a few days

C.

Charge at least Rs 5,000 per year

D.

Use their credit card as a source of installment loans

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Exam Code: CWM_LEVEL_2
Exam Name: Chartered Wealth Manager (CWM) Certification Level II Examination
Last Update: Dec 27, 2024
Questions: 1259
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