FPF Unit 3 Review

FPF Unit 3 Review

12th Grade

25 Qs

quiz-placeholder

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FPF Unit 3 Review

FPF Unit 3 Review

Assessment

Quiz

Social Studies

12th Grade

Medium

Used 28+ times

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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of auto insurance coverages pays the medical expenses of another driver that you hit?

comprehensive

liability

collision

uninsured motorist

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of insurance do you NOT need as a young adult?

health insurance

identity theft protection

life insurance

auto insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of insurance?

develop a savings plan

transfer financial risk

provide an investment opportunity

all of the answers are correct

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a good investment option?

viaticals

gold

mutual funds

rare antiques

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement about liquidity is true?

The more liquid, the more return

The more liquid, the less return

The less liquid, the less return

The more liquid, the higher the risk

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is typically NOT a good place to find a deal?

online auctions (eBay, craigslist, etc.)

the mall

yard sales

consignment shops

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a reason why using cash is a good bargaining tool?

cash is emotional

cash is visual

cash has immediacy

cash is hard to carry around

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