Mon Week 4

What type of car insurance can you purchase from a bank or insurance provider? Choose 2

• A. CTP

• B. Comprehensive

• C. Third Party

Which are examples of factors (choose 2)

• - psychological

  - economic

  - ecological

• -psychological

  -economic

  -ethical

• - personal

  -social

  -cultural

• - personal

  - social

  - historical

What is the purpose of CTP insurance?

An example of depreciation is (choose 2)

• A 5-year-old vehicle that sold for $40,000 when new will be worth $16,000.

• A 5 year old vehicle that sold for $40,000 when new will still be worth $40,000.

• A house that increases in value of $100 000.

• A chair is purchased new for a business for $400, at the end of its life it is worth $50.

Identify 2 true statements

Fuel costs are....

• the price of diesel, gas and petrol combined.

• how much you pay at the petrol station to fill your tank

• influenced by how much a barrel of oil costs

• the price the government pays to reduce the cost of fuel

When researching, it is best to collect sources of information from

• Primary Sources (direct car seller ad)

• Secondary Sources (online opinion)

This is a

• Toyota Hilux

• Toyota Rav 4

• Nissan Navara

• Toyota Landcruiser

A psycholgical factor that can influence someone is.....

Registration costs

(choose 2)

• are paid to TMR

• vary depending on the age of the car

• include CTP Insurance

• vary depending on the price you paid for the car

This car is a................

and is known for being an ..............