Scheerhorn - Consumer Awareness

Front

According to the slides, one question that you should ask yourself before making a major purchase is?

Back

Is there a better use for my money right now?

Front

True or False. Joining a purchasing club is always a good way to save money.

Back

False

Front

True or False: The Fair Credit Billing Act applies to all purchases made on a debit card.

Back

False

Front

What is a layaway plan?

Back

It allows for a deposit to be put on an item for future purchase.

Front

The cooling-off rule allows how many days to cancel a purchase that was not made at the seller's normal place of business?

Back

3 days

Front

What is a phishing scam?

Back

Attempts to steal your personal or account information.

Front

Which of these are NOT toll free numbers and can sometimes cost several dollars per minute? 800 numbers, 888 numbers, 900 numbers, 999 numbers

Back

900 numbers