Rich Dad Poor Dad Quiz- Chapter 4 & 5

Which amendment allows for the US government the ability to levy taxes?

• 13th Amendment

• 14th Amendment

• 15th Amendment

• 16th Amendment

How did the US government convince the people to vote in favor of income taxes?

• It was supposed to be for war efforts

• It was supposed to only impact the rich

• It was only supposed to be for land owners

• It was only supposed to be for a short time

The Robin Hood theory of economics is take from the rich, and give to everyone else.

• True

• False

Corporations were initially used by the rich to pay for voyaging ships to ensure that only the corporation gained debt if the voyage was unsuccessful?

• True

• False

300 years ago, people of wealth were people who owned______. Today the person who has the most _______ (and can use it in a timely manner) has wealth.

• Cash, Land

• Land, Cash

• Land, Information

• Information, Land

According to Robert, a corporation is a legal body with no ______.

• Energy

• Mind

• Body

• Soul

In Rich Dad Poor Dad, Lesson 4 is.....

• The Rich Don't Work For Money

• The History of Taxes and the Power of Corporations

• Why Teach Financial Literacy

• The Rich Invent Money

In Rich Dad Poor Dad, Lesson 5 is.....

• The Rich Don't Work For Money

• The History of Taxes and the Power of Corporations

• Why Teach Financial Literacy

• The Rich Invent Money

Financial intelligence that comes as a result of financial education. People with high financial IQ learn to use other people’s money to become rich.

• 1031

• Corporation

• Financial IQ

• Financial Literacy

The ability to read and understand financial statements, which allows us to identify the strengths and weaknesses of any business.

• 1031

• Corporation

• Financial IQ

• Financial Literacy