Vehicle Insurance and Registration Concepts

Vehicle Insurance and Registration Concepts

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Sophia Harris

FREE Resource

The video tutorial covers the purpose of car registration, emphasizing its role in record keeping and safety. It explains the importance of roadworthiness checks and legal modifications for car registration. The concept of transferable registration and the role of stamp duty in ownership transfer are discussed. The tutorial also delves into different types of car insurance, including compulsory third-party and comprehensive insurance, and factors affecting insurance costs, such as driver history and vehicle type.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is vehicle registration important for the government?

To increase the value of cars

To promote car sales

To reduce traffic congestion

To trace stolen vehicles and determine accident liability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor in determining if a car is roadworthy?

The age of the driver

The condition of the tires

The brand of the car

The color of the car

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does transferable registration mean?

The registration can be canceled at any time

The registration can be used for multiple cars

The registration period can be extended

The remaining registration period transfers to the new owner when a car is sold

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of stamp duty in vehicle transactions?

To increase the resale value of cars

To cover the cost of vehicle maintenance

To facilitate the transfer of ownership

To reduce the cost of insurance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason governments impose stamp duty on vehicle sales?

To promote the use of public transport

To increase the value of second-hand cars

To prevent tax evasion through asset shifting

To encourage more car sales

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the category of a vehicle affect its registration fee?

Larger vehicles have lower fees

Electric vehicles are exempt from fees

All vehicles have the same registration fee

Different categories attract different fees

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is compulsory third-party insurance also known as?

A pink slip

A red slip

A green slip

A blue slip

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