W!SE Review #1

The MOST liquid type of investment is:

The interest earned on United States Series EE Savings Bonds is:

Richard's auto insurance expired. As he drove to a new agent, he had an accident. Who's paying?

The "cost" of any insurance policy is also called its:

Shares of stock are also known as:

A blank endorsement on a check:

An investor buys 40 shares at $80/share. Then is offered a 2-for-1 split. The investor now owns

Bob's gross income is $30,000 & he gives $3k to a traditional IRA. Bob's taxable income is:

When a borrower fails to repay a loan AND there is a co-signer, the most likely result will be:

Patty is selling her car through the "want" ads. What form of payment should she avoid?

You have 3 past due credit card accounts & cannot make payments. Which action should come 1st?

Which is considered "open ended" (revolving) credit?

Municipal (city/local) Bonds are:

The only type of life insurance that does NOT accumulate cash value is

Which documents should be stored in a safe deposit box?

The purpose of insurance is NOT to

You suffer a $2,000 loss. Insurance pays $1500, the remaining $500 difference is your:

Buying a treasury bill (bond) is best for investors who are looking for:

Mary receives a $100,000 benefit from a life insurance policy. The benefit is also called the:

What is the largest equities market in the world?

You want to buy a car in two months, but lack the money to do so. What's your best option?

Electricity & Food Expenditures are:

Which does NOT accurately describe a characteristic of cash value for whole life insurance?

If you decided to reinvest your $2/share dividend:

Consumer Credit Counseling Services (CCCS) offer:

Spreading one’s assets across several types of saving and investment products to manage risk:

Another term for the amount of your paycheck AFTER taxes & other withholdings:

If you declare bankruptcy, that fact will appear on your credit report for:

Ben's truck is hit by a hit-and-run driver; Brian is hit by an uninsured driver. Pick the best.

Alex is having a party at her house, and Nick breaks his leg after falling. Alex is covered by: