WorksheetsConsumer Unit 3 Quiz Review
Total questions: 15
Worksheet time: 8mins
What is the most hacked password?
Password
Birthdays
123456789
Oldest child's name
1. character: person's reputation
2. capacity: person's earning power and ability pay off debt with income.
3. capital items owned or assets.
Are known as what?
3 Cs of Credit
3 Cs of Marketing
3 Cs of Education
3 Cs of Cooking
650-699 is consider what type of Credit Score?
Fair
Excellent
Junk
Good
This is how Loans and Credit Companies produce revenue for their companies.
Fees
Interest
Penalties
Offers
A business that is a dot.com such as Flipgrid, Google and Uber are examples of what type of business?
Sole Proprietorship
Partnership
Internet Business
When someone clones or copies your debit/credit card is known as what?
Shoulder Surfing
Cloning
Skimming
Lending
What are the 3 Ls of Real estate?
Location, Location, Location
Look, Listen, Learn
Location, latitude, Longitude
This is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, etc.
NRPA
APR
URL
RCR
A contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. Such as a car, house, apartment or property is known as what?
Leasing
Loaning
Owning
Time Share
The 3 Cs of Credit are?
Character, Capacity and Capital
Crisis, Capital and Credit History
Capital, Capacity and Collateral
A credit reading of 700-749 is considered what?
Fair
Excellent
Good
Assures a consumer's right to access his or her credit file and dispute incorrect information is known as what Act?
Fair Credit Reporting Act
Equal Credit Opportunity Act
Truth in Lending Act
The Truth in Lending Act requires creditors to adequately inform consumers about credit terms and costs.
True
False
A Score of 750 and above is considered Excellent Credit
True
False
What is the amount of years you can serve for ID theft?
15
20
10
