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5 Written questions

5 Matching questions

  1. commission
  2. interest
  3. royalty
  4. variable expenses
  5. bankrupt
  1. a expenses that change over time
  2. b when a business, or person, is unable to pay her or his debts
  3. c a sum paid to authors, musicians etc. as a percentage of the proceeds from their work
  4. d the percentage of a sales price received by a salesperson for her or his services
  5. e a payment made for the use of money that has been borrowed

5 Multiple choice questions

  1. buying something without giving much thought as to whether you really need it
  2. a fixed amount of money paid on a regular basis
  3. regular payment made by a tenant to an owner for
  4. money paid to others for their services
  5. the amount a person has left after income tax is deducted

5 True/False questions

  1. garnisheedsum payable as pro®t for shares


  2. unsecured loansomething deposited as a guarantee to


  3. secured loansomething deposited as a guarantee to


  4. default noticea document from a lender stating that a


  5. superannuationsomeone who guarantees to pay back the money if the borrower does not