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  • Exam Number/Code LLQP
  • Product Name Life License Qualification Program (LLQP)
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NEW QUESTION: 1
Any person in one of the following category can be debt collector:
A. A person who regularly collects or attempts to collect debts owed to another (this includes outside counsel who collects debts on behalf of the financial institution)
B. A creditor who collects its own debts using a name other than its own, giving the impression that a third party is collecting it
C. A creditor who collects its own debts because of his forefathers
D. A person operating a business whose principal purpose is to collect debts
Answer: A,B,D

NEW QUESTION: 2
You need to configure the permissions for the sales team members in the Sales Reports library.
Which permissions should you use? (Each answer presents part of the solution. Choose all that apply.)
A. Edit Items
B. Manage Alerts
C. Delete Items
D. View Items
E. Add Items
F. Create Alerts
Answer: A,E

NEW QUESTION: 3
Section B (2 Mark)
Consider a one-year maturity call option and a one-year put option on the same stock, both with striking price Rs45. If the risk-free rate is 4%, the stock price is Rs48, and the put sells for Rs1.50, what should be the price of the call?
A. Rs. 6.23
B. Rs. 12.26
C. Rs. 4.38
D. Rs. 5.60
Answer: A

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