Personal Finance and Consumer Rights

2. Consumers have the right to have problems corrected and receive payment for false claims and poorly made goods.

• True

• False

6. profit earned by an investor

7. the income that remains after all taxes on it have been paid

3. Banks and credit card companies check a person's financial history before deciding whether or not to offer credit to that person.

• true

• false

4. The Better Business Bureau issues warranties on products that consumers buy.

• True

• false

8. the payment people receive when they lend money

9. a part of the purchase price

10. the money remaining after paying for necessities

This chart shows the benefits and risks of different types of

• budgeting

• investmennts

• spending

• budgeting

12. According to the chart, which of the following has a time requirement?

• bonds

• certificate of deposit

• mutual funds

• stocks