FinLit Unit 3 Study Guide

FinLit Unit 3 Study Guide

12th Grade

34 Qs

quiz-placeholder

Similar activities

S25TH - Logistics and Intro

S25TH - Logistics and Intro

12th Grade

29 Qs

Consumer Math Unit 4 Assessment

Consumer Math Unit 4 Assessment

9th - 12th Grade

33 Qs

Earning, Saving, and Investing Review

Earning, Saving, and Investing Review

11th Grade - University

38 Qs

Econ Unit 3 Exam

Econ Unit 3 Exam

12th Grade

35 Qs

Budgeting, Banking, and Money Management

Budgeting, Banking, and Money Management

12th Grade

29 Qs

Understanding Credit Cards Basics

Understanding Credit Cards Basics

12th Grade

30 Qs

Ch 2 Test - Budgeting Basics

Ch 2 Test - Budgeting Basics

12th Grade

35 Qs

SSEPF1-4

SSEPF1-4

9th - 12th Grade

29 Qs

FinLit Unit 3 Study Guide

FinLit Unit 3 Study Guide

Assessment

Quiz

Financial Education

12th Grade

Medium

Created by

Christi Nicole Fletcher

Used 4+ times

FREE Resource

34 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Low income is the most common symptom of financial ​irresponsibility.
True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest is charged on the unused portion of a line of credit.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A rental agreement is also called a month-to-month agreement.
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Garnishments are the legal process that allows part of an employee's paycheck to be withheld for payment of debt.
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Bankruptcy is the legal procedure to relief a person of excess debt.
True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

With installment credit, a consumer can charge to the account repeatedly up to a maximum limit.​
True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Paying for a purchase with a credit card, rather than cash or a debit card, gives the consumer more leverage in the event of a dispute.
True
False

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?