Buying a house
Which planet is the hottest in the solar system?
Venus
the cost of using someone else’s property is called
Rent
What is the busiest travel day of the year?
Thanksgiving
What is the minimum amount of car insurance required by law?
Automobile Liability Insurance
What type of insurance will cover Elizabeth if she is worried that she will become injured and unable to work?
Disability Insurance
Amenities in a living space may include which of the following?
(extra insulation, carpet in the bedrooms, internet service, or appliance)
Internet Service
An advance payment for costs beyond normal housing wear and tear
The base price that is quoted is the price of the car:
With only the standard equipment, no extra options
What city did Starbucks open its first store in 1971?
Seattle
Ravi will need to pay $120 per month in order to purchase a health insurance policy. This monthly payment is known as the:
Premium
Ninety percent of home buyers pay for their home with:
A mortgage
This occurs when the tenant does not voluntarily move out after the landlord has given the required notice to the tenant:
Eviction
How many teeth does an aardvark have?
None
Tiffany was recently involved in a vehicle accident. In order to get her car fixed, her insurance company is requiring her to pay the first $500 of the repair bill because:
her policy's deductible is $500
The beneficiary of a life insurance policy is the individual who:
Receives any proceeds if the insured person dies
The equity that you build by making mortgage payments is:
the value of the home after the mortgage debt is subtracted
The owner of the rental property, who checks are written out to to pay rent, is called the
Landlord
What are lemon laws?
The property damage portion of the liability auto insurance pays for:
Fixing or replacing the automobile of the driver not at fault
Nate breaks an arm and goes to the hospital to treat the injury. Which type of insurance would help cover the costs of medical bills?
Health insurance
The maximum amount an individual should pay for the purchase price of a home is:
2 ½ times his/her annual household income
If a male donkey is a Jack, what the female called?
Jenny
Brett borrowed money to purchase a vehicle without making a down payment and now he owes more on the vehicle than it is worth. This situation is referred to as:
being "upside down" on the loan
What does a liability insurance limit of 25/50/10 mean?
$25,000 per person bodily injury limit, $50,000 per accident bodily injury limit, and $10,000 per accident property damage liability limit
Jade received his first medical bill of the year. It was a total of $1,000. His health insurance policy has a $500 deductible and a 20% co-insurance. How much of the medical bill will Jade be responsible to pay?
$600