W!SE review 3

This allows you to use a car for a specific period of time for a specified monthly payment:

• Loan

• Contract

• Lease

• Gift

This will allow you to borrow the money to buy a car. You will have to pay it back, with interest, over time:

• Gift

• Lease

• Loan

• Lend-lease

A landlord can refuse to rent you an apartment if which of the following is true:

• You are married.

• You own a cat and a dog.

• Your ancestors were immigrants

• You are a member of a particular faith group.

Which of the following information would not be found in a typical lease?

• The amount of the monthly rent, and the day of the month it is due.

• The name of the previous tenant.

• The address of the unit being rented.

• The beginning and ending dates of the rental agreement.

The most important thing to consider when choosing an apartment is:

• Whether or not pets are allowed

• How many bedrooms there are

• Whether or not the apartment is located on a bus line

• If you can afford to pay your rent and other costs on an ongoing basis

Tax deductions and tax credits can _______ tax liability.

• increase

• reduce

• not affect

• none of the above

A budget can help you reach a financial goal by:

• Showing you how you can earn more income

• Allowing you to see where you can cut back on spending

• Giving you the tools to change more fixed expenses

• All of the above

Consumers have:

• Rights

• Responsibilities

• Remedies

• All of the above

A credit union:

• requires membership, but in other respects, is like a bank.

• never has interest rates as good as a bank.

• can't offer savings accounts.

• is only open to college students.

A deductible is:

• the discount you deduct from your premium.

• The amount of loss you pay before your insurance pays.

• The amount that is deducted when you buy a policy.

• The discount received by the health care provider.