Finance > QUESTIONS & ANSWERS > EverFi Consumer Skills Module 4 with Verified Solutions (All)
EverFi Consumer Skills Module 4 with Verified Solutions which payment option takes money out of your bank immediately? ✔✔debit card which forms of payment is linked to a bank account which limi... ts the amount of money you can spend to balance your account? ✔✔checks & debit cards which of the following is NOT be a warning sign of a scam when buying a car or other big purchase? ✔✔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? ✔✔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? ✔✔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? ✔✔Both A and B which housing option gives you more freedom and more responsibility? ✔✔buying a house how is an advertisement different from a comment from a regular consumer? ✔✔the advertisement is likely one-sided making a good purchasing decisions requires _______ ✔✔all of the above which payment option could have interest charged to you? ✔✔credit card which payment option can offer additional security like fraud protection? ✔✔credit card what is one of the best ways to get reliable information about a product? ✔✔search online reviews which example shows an advantages of owning a car over leasing one? ✔✔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? ✔✔both a and c why is figuring out the unit price of something useful when shopping? ✔✔it helps you determine the best deal which payment option is not accepted online? ✔✔cash when you are deciding what to buy, you should not... ✔✔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? ✔✔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? ✔✔landlords take care of most maintenance the price of a single item within a group of items is known as the _______ of the item ✔✔unit price which method of payment actually is a form of borrowing money that needs to be paid back later? ✔✔credit card which of the following is NOT an advantage of owning a car? ✔✔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? ✔✔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? ✔✔the influencer is paid to post the product leasing a car may be a better option than buying a car if... ✔✔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 ___________ ✔✔a price that fits comfortably in your budget [Show More]
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EverFi Bundled Exams (Module 1-10) Bundled Exams Questions and Answers Already Passed
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