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5 Written questions

5 Matching questions

  1. Auto Insurance
  2. Business Plan
  3. Loan Shark
  4. Stock
  5. Medicaid
  1. a Provides liability and property damage coverage under specific circumstances.
  2. b A description of a company's organizational structure, staff, activities, and marketing and financial plans, including expected sources of income and expenses.
  3. c A person who lends money at an exorbitant rate of interest.
  4. d A program, financed by state and federal government tax revenues, to pay specified health care costs care for those who cannot afford them.
  5. e An investment that represents shares of ownership of the assets and earnings of a corporation.

5 Multiple choice questions

  1. 1. A legal agreement that records a debt or equity obligation from a corporation, government, or other organization. Examples include stocks and bonds. 2. Collateral for a loan.
  2. Something owed, usually measured in dollars.
  3. A method of investing a fixed amount in the same type of investment at regular intervals, regardless of price.
  4. An easy-access credit business that makes high-interest loans secured by personal property collateral, such as jewelry.
  5. A set of moral principles or beliefs that govern an individual's actions.

5 True/False questions

  1. Grace PeriodA time during which a borrower can pay the full balance of credit due and not incur finance charges or pay an insurance premium without penalty.

          

  2. Capital GainMonetary loss that occurs when the selling price of an asset is less than the original amount invested.

          

  3. DependentThe failure to meet a financial obligation or agreement.

          

  4. Savings & Loan AssociationA state or federally chartered for-profit financial institution that pays dividends on deposits and makes mortgage loans.

          

  5. PrincipalMoney earned from investments and employment.

          

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