WorksheetsUnit 3 Review Quiz
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
What is the BBB?
a)
Business Brand Bureau
b)
Bureau of Big Business
c)
Better Business Bureau
d)
Better Business Brands
2.
The Truth in Labeling Law of 1967 issues regulations that all consumer commodities be labeled with contents and other information. The two organizations that enforce this law include the FTC and the...
a)
SEC
b)
BBB
c)
FDA
d)
None of the above
3.
A form of illegal investment in which each participant recruits two further participants, with returns being given to early investors using the money from the new investors is called?
a)
Internet Fraud
b)
Pyramid Scheme
c)
Phishing
d)
Slamming and Cramming
4.
What is the FTC?
a)
Federal Trade Commission
b)
Federal Tax Commission
c)
Federal Treaty Commission
d)
Federal Tariff Commission
5.
Which scam offers investors the opportunity for your funds to be used to trade and purchase on overseas markets in order to generate huge returns?
a)
Low Balling
b)
Prime Bank Note Fraud
c)
Advance Fees
d)
Pyramid Scheme
6.
An attempt to acquire sensitive information, and sometimes money, by masquerading as a trustworthy entity using electronic communications is called?
a)
Identity Theft
b)
Internet Fraud
c)
Phishing
d)
Email Fraud
7.
What is the SEC?
a)
Security Exchange Company
b)
Security Executive Commission
c)
Security Exchange Commission
d)
Security Executive Company
8.
Where can you report fraudulent activity?
a)
Local Police
b)
State Attorney General
c)
Federal Agencies
d)
All of the above
9.
When you see an ad for a new credit identity, it is a sign for what type of scam?
a)
Credit Identity Repair
b)
Identity Theft
c)
Internet Fraud
d)
Credit Repair
10.
How are Pyramid Schemes different from Ponzi Schemes?
a)
Ponzi Schemes are less common
b)
Pyramid Schemes are less common
c)
They're different in how they're structured
d)
There is no discernible difference
100 %
