Personal Finance - Chapter 16

Personal Finance - Chapter 16

11th - 12th Grade

29 Qs

quiz-placeholder

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Personal Finance - Chapter 16

Personal Finance - Chapter 16

Assessment

Quiz

11th - 12th Grade

Practice Problem

Easy

Created by

Stephanie Vincent

Used 12+ times

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29 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The use of someone else's money, borrowed now with the agreement to pay it back later

Credit

House

Capital

Contract

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who borrows money from others

Debtor

Creditor

Capital

Broker

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: Debt must be paid.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the earliest forms of credit was the account at the __________________.

General Store

Graduation Rate

Grace Period

Service Credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of property you possess after deducting your debts

Capital

Investing

Revenue

Net Pay

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: You need to have a job and earn an income in order to make loan payments.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of capital?

Bank Accounts

Real Estate

Investments

Shoe Collection

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