ECON CH. 19: Personal Financial Literacy

ECON CH. 19: Personal Financial Literacy

9th - 12th Grade

20 Qs

quiz-placeholder

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ECON CH. 19: Personal Financial Literacy

ECON CH. 19: Personal Financial Literacy

Assessment

Quiz

Financial Education

9th - 12th Grade

Practice Problem

Hard

Created by

Samantha Nichols

Used 7+ times

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20 questions

Show all answers

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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