Financial Literacy - credit

Through out recorded human history - risk transfer or the ideas behind insurance are not new

We are under a "pay as you go" system for taxes in the US, meaning your employer witholds the $

What is the SEC and what does it do?

Insurance is regulated by each state on a state level

One of the 5 c's of credit that is an asset pledged on a loan-so if you don't pay they take it

Some companies hire workers that should be W2 employees but instead do 1099 ind contractor 4 $

The global market for international currency exchange is called the ___________.

There are 5c's of credit - they are character, collateral, capital, conditions, and____________

If someone trades financial products on information that isn't available to the public this is

The government and it's tax policy will sometimes try to effect the behavior of citizens.

A regressive tax - like sales tax - is one that 

Most experts and studies show you are much more likely to become disabled than die too young

The IRS can seize assets, bank accounts, businesses & prosecute - put people in jail for taxes

What is the contractual transfer of risk from one party that pays premiums to a firm 

A progressive tax is one that is