Consumer Responsibilities — Quiz Answers

9 verified answers
5

Which option is a preventive measure against ID fraud or theft?

A
Make purchases through the mail only.
B
Never reveal personal information to a stranger.
C
Carry personal information in your wallet or purse.
D
Use the phone to transfer personal information.
7

How is the interest rate on a payday loan calculated?

A
loan amount divided by total fees
B
APR divided by 365
C
total fees divided by loan amount
D
total fees divided by days of loan
10

Determine if Dynatashia's receipt is correct.

A
No, Dynatashia paid too much for buns.
B
No, Dynatashia paid too much for soda.
C
No, Dynatashia paid too much for hamburger.
D
Yes, Dynatashia's receipt is correct.

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