Consumer Skills U3

Consumer Skills U3

Assessment

Flashcard

Life Skills

9th - 12th Grade

Hard

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20 questions

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1.

FLASHCARD QUESTION

Front

An example of a status symbol is: a toaster, real jewels, a food mixer

Back

real jewels

2.

FLASHCARD QUESTION

Front

INterest Charged on your charge account is a:

Back

finance charge

3.

FLASHCARD QUESTION

Front

The merchandise stays in the store when you use: open-ended credit, installment credit, lay-away

Back

lay-away

4.

FLASHCARD QUESTION

Front

Only members may use a: bank, credit union, finance company

Back

credit union

5.

FLASHCARD QUESTION

Front

The borrower is the:

Back

debtor

6.

FLASHCARD QUESTION

Front

A business that keeps files on personal paying habits from various sources is:

Back

credit bureau

7.

FLASHCARD QUESTION

Front

When buying on the installment plan you are required to make a:

Back

down payment

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