Unit 3 Review (PF)

Which organization collects consumer complaints, stops unfair practices, and sues companies?

What are capital gains on an investment?

Because of the company's ads, Sarah experienced______ while shopping at the store and it influenced her decision making.

management company pays brokers 0.1 percent fee for marketing the fund

Which investment might have more hidden costs than others?

Credit cards and charge cards differ in two important ways. One is the method of payment. What is the other difference?

How do you calculate the daily periodic rate?

Which is an advantage of using a credit card?

What is brand awareness?

Which of the following data is used to determine credit scores?

If a payment is directly deducted from your account, which type of card are you using?

Which of the following factors contributes the most to the calculation of FICO scores?

What are the three most common credit reporting agencies?

Which is a disadvantage of using credit?

How you can establish credit?

What does credit worthiness mean?

Which type of investment offers both capital gains and interest income?

Which of these terms implies an arrangement to buy or use now and pay later?

What is the total account debt as of the statement date called?

Which action will help increase a low FICO score?

Which type of investment is the most risky?

How does inflation affect investments?

25 % broker fee charged against the mutual fund for servicing the account

Why is investing in a mutual fund less risky than investing in a particular company's stock?

Which of the following defines your payment history?

A new fashion____in Hollywood, wearing ripped leggings & large shirts. This will drive consumer ___ for these products.

$20. broker fee charged against the mutual fund

Which of the following is recommended when paying a credit card bill?

Investments have different levels of ___ and offer different rates of return. Investing in property is___ than in bonds.

Which form of promotion would be most effective at correcting a damaged business reputation?

payment to companies that investors go through to buy mutual funds

Which one of the following are the three C's of credit?

What is consumer demand?

Lenders use the three C's to establish a person's creditworthiness. Which of these defines "Character"?

Which description defines APR?

Which two of the following are benefits of consumer programs?

A large company issues ___stock. The company selling the stock often distributes profits by issuing ___ to shareholders

Which describes how you need to pay a charge card bill?