Financial Vocabulary

Front

What term describes a chart that lists how Sarah spends her money? Options: Credit, Contract, Budget, Guarantee

Back

Budget

Front

What is the term for a promise that a product will be repaired or replaced if it breaks within a specified period? Options: Warranty, Credit, Contract, Guarantee

Back

Warranty

Front

Back

Guarantee

Front

Michael hits a deer on the highway. Which of the following would cover the cost of fixing his car? Options: Insurance, Contract, Warranty, Credit

Back

Insurance

Front

What is the term for an agreement where Lucy agrees to pay $800 per month to rent an apartment, and if she fails to pay, her landlord can kick her out? Options: Credit, Budget, Contract, Insurance

Back

Contract

Front

Marcus rarely pays his bills on time and owes a lot of money to the bank. He is unable to get a loan for a home. What is the term that describes his situation? Options: Budget, Credit, Insurance, Guarantee

Back

Credit

Front

Back

Insurance

Front

Back

Budget

Front

Back

Contract

Front

Back

Warranty