
Vocab Practice Chapter 4
Authored by Adam Solomon
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
The illegal use of someone's personal information to purchase items or receive benefits
identity theft
bond
CD
deductible
fraud
2.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
the potential impact of inflation and interest on money
time value of money
bond
CD
deductible
fraud
3.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
an agreement in which a policyholder transfers the risk for potential financial losses to another party in exchange for a fee
insurance
bond
CD
deductible
fraud
4.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
amount you must pay before you receive any benefits from your insurance coverage
deductible
bond
CD
fraud
identity theft
5.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
a loan of money to a business or government that is paid back with interest over time
bond
CD
deductible
fraud
identity theft
6.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
a policy that protects an individual in the event of a lawsuit due to injury as the result of an accident
liability insurance
bond
CD
deductible
fraud
7.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
certificate of deposit; saving certificate with a fixed saving period and fixed interest rate
CD
bond
deductible
fraud
identity theft
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