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Credit Review

Authored by Elyse McGinn

Other

11th - 12th Grade

Used 57+ times

Credit Review
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How can a young adult build a credit rating?

Charge card

Savings account 

Cell phone account 

All of the above 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is a lease?

A contract guaranteeing the sale of a property

A contract guaranteeing that the landlord will make rent payments

A legal contract granting use of an apartment for a set period of time 

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Who is the landlord of a property?

The individual that rents the apartment 

The individual that helps to find the property

The individual that receives payments for renting an apartment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Who is the tenant of a property?

The individual who is renting the apartment

The individual that helps to find the property 

The individual who is offering the apartment for rent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Who is responsible for damages caused by the renters of an apartment?

Tenant

Landlord

The Insurance Company

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Your rent includes all utilities. The cost of utilities is $120.00 a month and your rent is $650.00. What is the total cost to the lessee per month?

$120.00

$650.00

$770.00

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Why is a background check necessary for renting?

To check a person’s credit rating

To know a person’s work history

To check a person’s financial stability

All of the above

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