CSI IFC Question Answer
Which financial instruments trade primarily in an auction market?
Equity initial public offerings
Mutual funds
ETFs
Bonds
Rights of survivorship means that if one account holder dies, their share of the assets automatically transfers to the surviving holder(s).
This feature is available in joint non-registered accounts.
Registered accounts (A) (e.g., RRSP, TFSA) are individual accounts and cannot be opened jointly with rights of survivorship.
Trust accounts (B) follow trust law, not survivorship rules.
Corporate accounts (D) belong to the company, not individuals.
TESTED 24 Oct 2025
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