Finance and Insurance Quiz

What is the definition of finance?

• Management of large amounts of money

• Elimination of risks associated with business transactions

• Market where producers can sell and trade raw goods

• Loans made specifically to a business or corporation

What do insurance policies do?

• Manage large amounts of money

• Eliminate risks associated with business transactions

• Sell and trade raw goods

• Protect against serious hazards and accidents

What is the purpose of commodity markets?

• Manage large amounts of money

• Eliminate risks associated with business transactions

• Sell and trade raw goods

• Make industrial loans

What can be done in securities markets?

• Manage large amounts of money

• Eliminate risks associated with business transactions

• Make industrial loans

• Investments

What are credit ratings used for?

• Manage large amounts of money

• Evaluate the ability to fulfill financial obligations

• Sell and trade raw goods

• Make industrial loans