Investment Strategies — Unit test

Question 1

best

Revolt · Accepted Answer

Jake gets insurance after his dog ruins a neighbor’s yard.

Question 2

What’s the first step of purchasing insurance?

Revolt · Accepted Answer

shopping around for the best deal

Question 3

Bankruptcy is considered a last resort because it stays on someone’s record for

Revolt · Accepted Answer

seven to ten years.

Question 4

Which form of government insurance provides assistance to people who cannot work due to age or disability?

Revolt · Accepted Answer

social security

Question 5

Which form of government insurance provides assistance to people who become injured on their jobs?

Revolt · Accepted Answer

workers’ compensation insurance

Question 6

Who is following the law when it comes to protecting investors’ funds?

Revolt · Accepted Answer

a mutual fund advisor who informs investors about risks

Question 7

best

Revolt · Accepted Answer

writing them down on one list and keeping them in a safe place at home

Question 8

One advantage to buying a CD is that it

Revolt · Accepted Answer

can be purchased for different amounts.

Question 9

How easily an investment can be exchanged for cash is known as

Revolt · Accepted Answer

liquidity.

Question 10

Federal and state governments protect victims of identity theft by

Revolt · Accepted Answer

creating laws that impose fines and jail time for identity thieves.

Investment Strategies — Unit test Answers