VOCABULARY
Creates and signs the promissory note
Who is the maker
Type of dog my Roo is
What is Yorkie
Agrees to pay the debts of another person
Who is a cosigner
Legally collectible
What is negotiable
Another name for a warranty
What is a guarantee
Total income = Total Savings & Total Expenses
What is Balanced Budget
Within 10 feet over or under, the height of the dome on our state capitol
292
Money left after taxes and deductions are taken out
What is disposable income
How long a person should keep copies of their tax records
What is 3 years
The 1st year I taught high school
What is 1979
Expenses are greater than estimated income
What is cash deficit
The Greenbrier Resort was used as this during World War II
Army hospital
Represents each item of income and spending that are anticipated during the month or year
What is line item
How an implied contract is created
What is by actions of conduct of others
4 elements necessary for a contract to be binding
Agreement, Consideration, Capacity, Legality
Set of goals for spending, saving, and investing the money you receive
What is financial plan
WV state insect
What is honeybee
Something of value exchanged for something else of value
What is consideration
Intentional misrepresentation
What is fraud
West Virginia's 1st capitol was in what city?
Wheeling
Minors have this, which means that they may legally set aside contractual obligations
What is limited contractual capacity
Number of states that border WV AND their names
5 - Ohio, Virginia, Maryland, Pennsylvania, and Kentucky
Computer program that organizes data in columns & rows and performs calculations using the data
What is a spreadsheet
3 examples of contracts that must be in writing to be enforced
1. Sale of real property 2. Can't be fully performed in less than a year 3. Involve the sale of goods for $500 and over 4. One person agrees to pay the debts of another 5. Marriage
The only animal with 4 knees
What is an elephant