Econ Unit 5 Test 2 Review

Front

James is shopping for home insurance. Which factor will most influence his premium? Credit score, Home's age and condition, Marital status, Employment history

Back

Home's age and condition

Front

Karen is applying for a mortgage loan and wants to secure the best rate. Which credit score range should she target?

Back

750-800

Front

David declared bankruptcy last year. How long will it appear on his credit report?

Back

7 years

Front

After causing an accident, Emily’s vehicle was damaged. Which type of insurance covers her own vehicle’s damage?

Back

Collision insurance

Front

What factor will have the most significant effect on Jake’s credit score? Options: Number of credit inquiries, Length of credit history, Payment history, Credit utilization

Back

Payment history

Front

Megan’s car was involved in an accident, and she was injured. Which insurance would cover her medical expenses?

Back

Personal injury protection

Front

Carlos and Tina filed for bankruptcy together. What will happen to their joint auto loan?

Back

Both remain liable for the loan

Front

How often can Anna get a free credit report from each of the major credit bureaus?

Back

Annually

Front

Mark wants a life insurance policy that provides coverage throughout his life. Which type of insurance should he choose?

Back

Universal life insurance

Front

What is the primary factor influencing Juan’s auto insurance premium? Options: Driving experience, Credit score, Age, Type of vehicle

Back

Type of vehicle