Reasons consumers decide what products and services to purchase based on feelings, beliefs, and attitudes.
Unit 4 Review

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Business
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9th - 12th Grade
•
Hard
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39 questions
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1.
FLASHCARD QUESTION
Front
Back
Emotional buying motives
2.
FLASHCARD QUESTION
Front
Provides payment to cover liability losses as well as damage and loss of the home structure and its contents
Back
Homeowners Insurance
3.
FLASHCARD QUESTION
Front
A policy insuring the owner or mortgagee against loss by reason of defects in the title to a parcel of real estate
Back
Title Insurance
4.
FLASHCARD QUESTION
Front
a specific type of loan that is used to buy real estate
Back
Mortgage
5.
FLASHCARD QUESTION
Front
A mortgage loan on approved property made to a qualified veteran by an authorized lender and guaranteed by the Department of Veterans Affairs in order to limit the lender's possible loss.
Back
VA loan
6.
FLASHCARD QUESTION
Front
The process of a title company substituting themselves in place of the grantor is called ....
Back
subrogation
7.
FLASHCARD QUESTION
Front
A lender's or buyer's title insurance policy.....
Back
insures that the property has no objectionable encumbrances
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