Merritt Wise Review 20/21

Selah owns a store . She is concerned that a customer might injure themselves and sue. Which insurance should she get?

The type of credit card issued by an oil company , bank, or department store is:

The _______ is in charge of collecting taxes

Which documents should be stored in a safe-deposit box

Identify the background color of a U.S $5,00 bill:

Independent contractors, & entrepreneurs that are responsible for their own taxes must fill out a

New coins and currency make their way into the general economy, through the distribution of the

A factor that is likely to affect the market price of a stock is:

Which of the following has the lowest potential growth rate over the next 18 years?

An individual who creates a new business, bearing most of the risks and enjoying most of the rewards. .

Money in the United States include:

Ava wants to open a checking account and wonders if they pay interest. How would you answer that question?

A need based loan from the government where the Dept. of Education pays the interest while the student is in school

The skills , knowledge and experiences possessed by an individual is known as:

Neil will be traveling overseas by air for a vacation. Which step will NOT provide protection during the trip?

When a self-employed person decides to purchase disability insurance, it is generally to:

If a business wants to raise capital but not create debt, it can:

Using someone else's money, promising to repay in the future, paying a fee for use of the money, is the definition for:

You have a $2000 loss, your insurance company only pays you $1500 worth of the claim due to:

What action should a person take who must make a tuition payment in August each year?

What is a credit score (FICO)

The federal agency that regulates the securities industry is the:

Versatile skills that can be applied to BOTH your personal and professional life (or from one career to another):

Why is term life insurance usually the least expensive type of life insurance?

After you pay for your needs (food, shelter etc), the money you can spend on your wants is called______.

Insurance is frequently described as a method of "sharing the risk" because the:

Consumers who file for bankruptcy are still responsible for

Treyvon is selling his car through Facebook marketplace. Which form of payment should he avoid?

When Eli was born , his grandparents gave him a Series EE savings bond that will be worth $1,000 at maturity. They paid:

Shaun has a savings account and a car loan from a not-for-profit financial institution owned by its members. Name it:

The primary source of income for most people between the ages of 20-25:

Mutual funds are

The Fed is short for:

Carmen sold her stock in ABC company for a higher price per share than she bought it. She realized a :

Money awarded to students that does NOT have to be repaid:

Banks use savings account deposits to:

Which factor would most likely lead to increase the interest rate on a person's credit card?

How long would you have to to wait for your money to double at 4.5 % interest?

Which of the following insurance covers vehicles?

One of your credit cards gets stolen. You realize it has been used and report it. The max amount you are liable for is:

If you had $75 and placed it in a 6% savings account with compound interest. It would take 12 years for it to double

A person buys a homeowners policy with a $250 deductible. They will:

_________ is the value of the NEXT best alternative to what you ACTUALLY choose