Reference no: EM132393510

1. A key feature of a managed investment is that it is a (choose: group/pooled/indirect) arrangement, in relation to investments funds, and therefore there is no direct ownership in the underlying asset. Investors are not entitled to participate in day to day (choose: transactions/management/returns) of the managed investment.
2. There are multiple differences between the features of on-market and off-market (fill in the blank) in a takeover process. The consideration paid in an on-market process must be (fill in the blank) whilst in an off-market process alternative forms are available. On-market terms must be (fill in the blank) however off-market markets allow for a greater level of certainty for the bidder, although cannot include any prohibited conditions under ss626 to 629. Naturally on-market bids are only in relation to (fill in the blank) securities.
3. The listing rules regulate entities whose securities are listed on the ASX or international exchanges. True or False?
4. The National Consumer Credit Protection Act 2009 (Cth) is comprised of two parts: the Act; and (fill in the blank)
5. The Council of Financial Regulators (CFR) has extensive legal functions and powers separate from those of its individual member agencies. True of False?
6. Shares are tangible property that gives the investor certain rights that are defined by the Corporations Act and the company constitution. True or False?
7. The intent of the responsible lending provisions is that consumers should not enter into credit contracts that are not suitable for them. True or False?