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Foundations in Personal Finance Unit 3

Authored by Tess Cochran

Business

9th - 12th Grade

Used 7+ times

Foundations in Personal Finance Unit 3
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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The ability to walk away from a purchase when negotiating

Integrity

Auction

Cost-Benefit

Walk-Away Power

2.

OPEN ENDED QUESTION

5 mins • 1 pt

Why does using cash make a great bargaining tool?

Evaluate responses using AI:

OFF

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

To bargain for a lower price

Negotiate

Auction

Yard Sale

Foreclosure

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

True/False. Being married (or emotionally attached) to a purchase will cause you to lose bargaining power

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The difference between the wholesale price and retail price.

Black Friday

Negotiate

Sale price

Markup

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The degree of uncertainty of return on an asset is

Liquidity

Share

Risk

Investment

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A retirement savings plan offered by a corporation to its employees; the employee contributes money from his/her gross pay, and the money grows tax deferred is

401(k)

Investment

Portfolio

Insurance

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Microsoft

Microsoft

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Apple

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