Unclaimed funds success story: Man finds $600

Unclaimed funds success story: Man finds $600

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

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The video discusses the concept of unclaimed funds, highlighting a success story of Michael Horrigan, who found over $600 in unclaimed royalty checks. It explains that one in seven people have unclaimed money due to reasons like address changes or inactive accounts. The video recommends checking for unclaimed funds annually using official state websites or missingmoney.com. It concludes by emphasizing the potential benefits of finding unclaimed money.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Michael Horrigan discover when he visited missingmoney.com?

He learned about a new guitar technique.

He found a lost bank account.

He discovered unclaimed royalty checks.

He found a new job opportunity.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the National Association of Unclaimed Properties, what is a common reason for unclaimed funds?

Identity theft

Bank error

Change of address

Winning a lottery

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of people have unclaimed money according to the transcript?

One in seven

One in ten

One in twenty

One in five

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is recommended to do at least once a year regarding unclaimed funds?

Visit your bank

Update your address

Check your credit score

Check for unclaimed funds

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of missingmoney.com?

To sell financial products

To offer online banking services

To aggregate unclaimed property websites

To provide investment advice