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5 Written questions

5 Matching questions

  1. commission
  2. interest
  3. royalty
  4. salary
  5. fee
  1. a a sum paid to authors, musicians etc. as a percentage of the proceeds from their work
  2. b the percentage of a sales price received by a salesperson for her or his services
  3. c money paid to others for their services
  4. d a fixed amount of money paid on a regular basis
  5. e a payment made for the use of money that has been borrowed

5 Multiple choice questions

  1. a certain amount of money can be taken outof the borrower's wages
  2. expenses that change over time
  3. buying something without giving much thought as to whether you really need it
  4. to take back goods bought on credit if repayments have not been made
  5. represent a small slice of the ownership (a

5 True/False questions

  1. default noticea document from a lender stating that a

          

  2. debtora person who owes money

          

  3. profitregular payment made by a tenant to an owner for

          

  4. creditora person who owes money

          

  5. investmenta payment made for the use of money that has been borrowed

          

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