Finance - Chapters 20, 21, 22

54 Questions | By Tammic | Last updated: Mar 20, 2022 | Total Attempts: 58

Questions

Settings

Create your own Quiz

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

Related Topics

More Finance Quizzes

Concept Of Risk And Return Quiz

Here is an interesting concept of risk and return quiz that is designed to test your knowledge of this subject. There are a lot of things that people assess before they decide to invest in a project and this signifies an...

Questions: 17 | Attempts: 13733 | Last updated: Mar 22, 2022

Sample Question
The return may be thought of as _________________.

The growth in the value of an investment.

The risk associated with an investment.

Obtained only if the company pays dividends; without dividends, return is 0.

The process of returning the stock to the corporation that issued it.

What's Your Financial IQ? The Ultimate Quiz

What’s your financial IQ? The ultimate quiz below is designed for all finance students who want to test their understanding on all things finance. If you claim to understand all things surrounding finance, you need to...

Questions: 20 | Attempts: 10853 | Last updated: Mar 22, 2022

Sample Question
What percentage of mutual funds, financial experts, and investment advisory services underperform the overall market and comparable indexes?

95%

80%

50%

20%

The Indian Financial System Quiz: Trivia

The Indian financial system quizzes trivia. It is nearly impossible for a business not to have lenders and the Indian financial system makes it possible for lenders, borrowers and investors to interact with each other. How well...

Questions: 40 | Attempts: 9031 | Last updated: Mar 21, 2022

Sample Question
The structure that is available in an economy to mobilize the capital from various surplus sectors of the economy and allocate and distribute the same to the various needy sectors is known as----------

Economic Environment

Financial Environment

Financial System

Financial Market

None