Consumer Skills EverFi Module 4
which payment option takes money out of your bank immediately? - ANS - debit card
which forms of payment is linked to a bank account which limits the amount of money you can
spend to ba
...
Consumer Skills EverFi Module 4
which payment option takes money out of your bank immediately? - ANS - debit card
which forms of payment is linked to a bank account which limits the amount of money you can
spend to balance your account? - ANS - checks & debit cards
which of the following is NOT be a warning sign of a scam when buying a car or other big
purchase? - ANS - a price that fits comfortable in your budget
a pack of 24 pencils is more expensive than 12 pencils, but why could buying the 24 pack be the
better deal? - ANS - the price of each pencil, or the unit price, is actually cheaper in the 24 pack
what is the best reason for why someone would want to lease a house instead of buy one? - ANS
- they are planning on living there for a short period of time
how does a consumer know whether a purchase may be a good deal? - ANS - Both A and B
which housing option gives you more freedom and more responsibility? - ANS - buying a house
how is an advertisement different from a comment from a regular consumer? - ANS - the
advertisement is likely one-sided
making a good purchasing decisions requires _______ - ANS - all of the above
which payment option could have interest charged to you? - ANS - credit card
which payment option can offer additional security like fraud protection? - ANS - credit card
what is one of the best ways to get reliable information about a product? - ANS - search online
reviews
which example shows an advantages of owning a car over leasing one? - ANS - no restrictions
on the number of miles to drive and the ability to customize, or make changes to the car
what are possible red flags or signs of a scam when buying a car? - ANS - both a and c
why is figuring out the unit price of something useful when shopping? - ANS - it helps you
determine the best deal
which payment option is not accepted online? - ANS - cash
when you are deciding what to buy, you should not... - ANS - assume that buying the cheapest
item is the smartest choice
which forms of payment is linked to a bank account which limits the amount of money you can
spend to balance in your account? - ANS - checks & debit cards
which fact supports the idea that renting is a good option for living in a place for a short period
of time? - ANS - landlords take care of most maintenance
the price of a single item within a group of items is known as the _______ of the item - ANS -
unit price
which method of payment actually is a form of borrowing money that needs to be paid back
later? - ANS - credit card
which of the following is NOT an advantage of owning a car? - ANS - smaller down and
monthly payments than leasing a car (it keeps saying it's wrong for some reason)
which of the following is NOT a useful strategy when making an informed purchase? - ANS -
purchase a product based on a social media influencer
how is a post from a social media influencer different than a comment from a regular consumer?
- ANS - the influencer is paid to post the product
leasing a car may be a better option than buying a car if... - ANS - you don't plan on having it for
long and don't want to worry about regular maintenance
when making a large purchase, you should avoid everything EXCEPT ___________ - ANS - a
price that fits comfortably in your budget
[Show More]
.png)
.png)
