If you have caused an accident, which type of automobile insurance would cover damage to your own car?
W!SE PRACTICE QUESTIONS

Quiz
•
Life Skills
•
9th - 12th Grade
•
Hard
Jaleel Nelson
Used 270+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Term
Collision
Comprehensive
Liability
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Matt and Eric are young men. Each has a good credit history. They work at the same company and make approximately the same salary. Matt has borrowed $6,000 to buy a car. Who is likely to pay the lowest finance charge?
Matt will pay less because people who travel overseas are better risks.
They will both pay the same because they have almost identical financial backgrounds.
Eric will pay less because the car is collateral for the loan.
They will both pay the same because the rate is set by law.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you went to college and earned a 4-year degree, how much more money could you expect to earn than if you only had a high school diploma?
A little more; about 20% more
A lot more; about 70% more
About 10 times as much
No more; I would make about the same either way
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Many savings programs are protected by the Federal government against loss. Which of the following is not?
A bond issued by one of the 50 states
A U.S. Treasury Bond
A U.S. Savings Bond
A certificate of deposit at the bank
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If each of the following persons had the same amount of take home pay, who would need the greatest amount of life insurance?
A young single woman with two young children
A young single woman w/o children
An elderly retired man, with a wife who is also retired
A young married man w/o children
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following instruments is NOT typically associated with spending?
Cash
Credit card
Debit card
Certificate of deposit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following credit card users is likely to pay the GREATEST dollar amount in finance charges per year, if they all charge the same amount per year on their cards?
Vera, who always pays off her credit card bill in full shortly after she receives it.
Jessica, who only pays the minimum amount each month.
Megan, who pays at least the minimum amount each month and more, when she has the money.
Erin, who generally pays off her credit card in full but, occasionally, will pay the minimum when she is short of cash.
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