ECON CH. 19: Personal Financial Literacy
Authored by Samantha Nichols
Financial Education
9th - 12th Grade
Used 7+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
payment made for the use of borrowed money
interest
collateral
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
monthly, quarterly, semiannual, or annual price paid for an insurance policy
premium
unsecured loan
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
person who owns a share or shares of stock in a corporation
stockholder
creditors
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
persons or institutions to whom money is owed
stockholder
creditors
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
something of value that a lender can claim if a loan is not repaid
interest
collateral
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
form of business organization recognized by law as a separate legal entity
corporation
partnership
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
unincorporated business owned and operated by 2 or more people
corporation
partnership
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