Duplicate of PF Final Exam Review - Spring 2019

The financial ability to repay a loan with present income.

When employers and union officials cannot agree on terms of a new labor contract

Car payments and house payments are examples of

A fair price for a new car is likely to be about ____ percent above the ____ price.

Which of the following is a variable expense?

Which would be considered the lowest risk investment?

When you have insufficient income and assets to pay your debts

Earnest money protects the

Price for which a stock is bought and sold in the marketplace

Which of the following is the first step most people take to establish a good credit record?

An increase in the value of a stock over time

The most important factor in determining a car's resale in value is

How are labor unions funded?

Personal property inventory is used for

Interest rate that banks offer to their best business customer is called the

Company can issue stock that may be traded openly on the stock market.

Common stock

In order to file for financial aid, which form must you file?

Stocks in young, small corporations w/ higher overall risk

When finance charge is applied after you have paid your bill each month

When creditors file a petition w/ a court asking to declare you bankrupt

Type of risk caused by the business cycle

You must file tax returns by this date every year

Reorganization form of bankruptcy for business

Financial experts advise allotting _____% of your total budget for housing

A request that requires the credit bureaus to deny all access to a consumer’s credit inform. is

When is the best time to get credit approval for vehicle purchases?

Monthly car payments should be no more than ____% of all other expenses

When a check is returned to the payee's bank due to insufficient funds, it is said to have

Lamar has a solid income and pays monthly credit bills on time. His rating is:

The total dollar amount of all interest and fees you pay for the use of credit is called the

Credit reports are issued by

Income tax is an example of which type of tax?

Work schedule that fits 40 hour work wk. into less than 5 days

Which would be considered a long-term need?

Which of the following documents is NOT required to file your FAFSA?

Widest variety of banking services are provided at

When you buy an item that serves as collateral, you are taking out a(n)

A person who lives w/ you and receives support from you

Self-employed people must make estimated tax payments