Finance - Chapters 20, 21, 22
54 Questions
| Total Attempts: 52
Answer all of the following questions.
Questions and Answers
- 1.List 5 questions to ask before making a purchase.
- 2.List 3 housing options college students have.
- 3.Give 2 advantages of renting.
- 4.Give 2 disadvantages of renting.
- 5.Personal, outside, and marketing factors influence your buying decisions.
- A.
True
- B.
False
- 6.The general condition of the economy affects consumer buying decisions.
- A.
True
- B.
False
- 7.Education is considered a basic need to maintain life.
- A.
True
- B.
False
- 8.Social pressures cause us to buy less than what we really need.
- A.
True
- B.
False
- 9.Company advertising usually does not promote specific products or prices, but focuses on the company as a whole.
- A.
True
- B.
False
- 10.Teenagers, sports watchers, and homemakers are examples of target markets.
- A.
True
- B.
False
- 11.Odd-number pricing is based on a psychological theory that an uneven amount seems less than a whole dollar amount.
- A.
True
- B.
False
- 12.Coupons for store merchandise may be redeemed for money off or for cash.
- A.
True
- B.
False
- 13.Most people make their first move away from home and parents to live in a dormitory.
- A.
True
- B.
False
- 14.Living in a cooperative is similar to a dormitory, but students have more responsibilities, such as sharing the cleaning.
- A.
True
- B.
False
- 15.Furnished apartments usually come with chairs, tables, and linens provided.
- A.
True
- B.
False
- 16.The decision about who will take items purchased jointly when the living arrangement changes should be determined at the time of purchase.
- A.
True
- B.
False
- 17.You need to have enough money in savings before attempting your move.
- A.
True
- B.
False
- 18.Moving costs will increase as the distance to your new residence increases.
- A.
True
- B.
False
- 19.There is usually a charge for new telephone installation.
- A.
True
- B.
False
- 20.A security deposit does not protect the owner against damage or nonpayment.
- A.
True
- B.
False
- 21.An additional deposit is often required if you want to keep a pet in a rental residence.
- A.
True
- B.
False
- 22.It is not necessary to give 30 days’ notice when you wish to move from an apartment.
- A.
True
- B.
False
- 23.When you sign a lease, you are expected to remain for the entire term of the lease.
- A.
True
- B.
False
- 24.It is not lawful for a landlord to deny rental on the basis of employment record, credit rating, or previous rental experiences.
- A.
True
- B.
False
- 25.Tenants usually are responsible for making their own home repairs.
- A.
True
- B.
False
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