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Personal Finance 2

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9th Grade

Used 9+ times

Personal Finance 2
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you purchase a municipal bond, you are

Buying a portion of a municipality

Diversifying your portfolio

Investing in an index fund

Loaning money to a municipality

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When buying a stock in a company, you are

buying a portion of a company

loaning to a business

buying an index fund

diversifying your portfolio

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following steps best protects your credit history if you suspect fraud?

Contact the credit bureaus and report suspected fraud

Contact the store where your credit card was used and request a refund

Contact the local police department and file a complaint

Contact the chamber of commerce and close your bank account.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which piece of information is most useful to an identity thief?

Your name

Your Social Security Number

Your favorite color

Your age

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following provides the best protection against identity theft?

shred documents

open up a bank account every year

always use cash

use many credit cards

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How often are you entitled to a free credit report from each of the major credit reporting companies?

monthly

yearly

weekly

daily

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following drivers will likely pay the highest auto insurance premiums?

Younger, inexperienced drivers

Drivers who travel short distances

Older, experienced drivers

Drivers with a safe record

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