True or False, Buying a car is a good investment option
False
100
What are the three C’s that are evaluated on a credit application?
Character, Capital and Capacity
100
What does EPS stand for?
Earnings Per Share
200
A way to use one's real property, like land, a house, or a building, as a guarantee for a loan to get money is called a what?
Mortgage
200
What compromises a ticker symbol?
A) 3 letters 2 numbers B) Between 1 to 5 letters C)Whatever a company wants C)3 letters are mandatory
B)Between 1 to 5 letters
200
Which car would have a higher insurance rate?
A)2000 model B)2016 model C)2004 model
B)2016 model, newer cars are more expensive to insure
200
Which of these information does not appear on a credit report?
A)Identification and payment history B)Payment History C)SIN number D)Public Record
200
What does this statement define: “A reduction in the value of an asset with the passage of time, due in particular to wear and tear.”
Depreciation
300
Is it legal for a landlord to lock a tenant out of their apartment?
No it is illegal
300
What is Tesla Inc’s stock symbol on the stock market?
TSLA
300
Name the Three types of documents that you need to have in your car at all times.
Diver's License, Proof of Insurance, Vehicle Registration
300
Having a steady job is an example of ____________?
A)Character B)Capital C)Capacity
C) Capacity
300
What does GIC stand for?
Guaranteed Investment Certificate
400
How often can a landlord raise a tenant’s rent?
Once every 12 months
400
Which investment has the potential for a greatest return?
A) GIC’s B)Stocks C)Savings Bonds D)Mutual Funds
B)Stocks
400
Which of these does not influence your car insurance rate?
A)Your Age B)Your Gender C)Colour of your Car D)Where you park your car
C), It's a common misconception the colour of your car does not influence your insurance rate
400
How long can bankruptcy information be reported by a consumer reporting agency
10 years
400
What does this statement define "a relatively small amount of money lent at a high rate of interest"
A pay day loan
500
If a month to month tenant plans on breaking the lease how many days notice do they have to give to the landlord to avoid paying a fee.
The tenant has to give a 60 days notice.
500
If you buy 2 stocks of Apple at $100, and sell both at $125, how much would you have earned (if there was no commision)?
$50
500
If a car is worth $20,000 dollars in 2016 how much is it worth in 2017 if it depreciates by 10% every year.
$18,000
500
Using a credit card to buy a new jacket from a department store and then paying the charge off over several months?
A)Single payment credit B)Instalment Credit D)Revolving Credit
D)Revolving credit
500
What is the term for this statement "The amount per share paid to the share holders"