Financial Literacy Chapter 9
Authored by Robin Duncan
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Loan to buy a house.
Amortization
Appraisal
Lease agreement
Mortgage
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Professional assessment of a home's value.
Lessor
Assessed value
Balloon payment
Appraisal
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
The owner of a rental property.
Equity
Amortization
Lessor
Lease Agreement
4.
MULTIPLE SELECT QUESTION
30 sec • 2 pts
Legal agreement to rent a property.
Lease agreement
Appraisal
Assessed value
Amortization
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Potion of a loss for which the policyholder is responsible.
Equity
Deductible
Mortgage
Assessed value
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Payment made by the renter that is held to cover property damage.
Mortgage
Lease agreement
Security deposit
Balloon payment
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Used to determine property tax.
Assessed value
Equity
Appraisal
Deductible
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