Which of the Following Security Can NOT Be Registered Under

question 33

Multiple Choice

Which of the following security can NOT be registered under the Personal Property Security Act 2009 (Cth) ?

• A) A home loan mortgage.
• B) A floating charge.
• C) A hire purchase agreement.
• D) A chattel mortgage.

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Definitions:

Trading Costs

Expenses associated with buying and selling securities, including commissions, spreads, and fees.

Open-end

A type of mutual fund that does not have a fixed number of shares and can issue new shares or redeem existing shares at any time based on investor demand.

Net Asset Value

The per-share value of a mutual fund or exchange-traded fund, calculated by dividing the total value of all securities in the portfolio by the number of shares outstanding.

Net Asset Value

Net Asset Value (NAV) is the per-share value of a mutual fund or ETF, calculated by dividing the total value of all the assets in the portfolio, minus liabilities, by the number of shares outstanding.