Financial Responsibility and Insurance - Literacy High School Quiz

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<form ACTION="http://www.money-quiz.com/hs/frdm1.htm" METHOD="GET"> Question 1: Overall, which of the following is the best source of investment advice?<br/> <input TYPE="radio" NAME="The financial section of the New York Times" VALUE="The first result returned by search engines while searching for stock tips">The first result returned by search engines while searching for stock tips<br/> <input TYPE="radio" NAME="The financial section of the New York Times" VALUE="An anonymous email">An anonymous email<br/> <input TYPE="radio" NAME="The financial section of the New York Times" VALUE="The financial section of the New York Times">The financial section of the New York Times<br/> <input TYPE="radio" NAME="The financial section of the New York Times" VALUE="A discussion between financial advisers that you overheard while at your bank">A discussion between financial advisers that you overheard while at your bank<br/><br/> <input TYPE=hidden TYPE="radio" NAME="The financial section of the New York Times" VALUE="" checked> Question 2: Which type of brokerage firms will likely provide the lowest cost of buying, selling and owning shares of a public company?<br/> <input TYPE="radio" NAME="A discount brokerage firm" VALUE="A small brokerage firm for high worth investors">A small brokerage firm for high worth investors<br/> <input TYPE="radio" NAME="A discount brokerage firm" VALUE="A full service brokerage firm">A full service brokerage firm<br/> <input TYPE="radio" NAME="A discount brokerage firm" VALUE="A discount brokerage firm">A discount brokerage firm<br/><br/> <input TYPE=hidden TYPE="radio" NAME="A discount brokerage firm" VALUE="" checked> Question 3: If you bought shares in a mutual fund through a full service broker and the mutual fund lost 40% of its value, who will support the loss?<br/> <input TYPE="radio" NAME="You, as the owner of the mutual fund shares" VALUE="You, as the owner of the mutual fund shares">You, as the owner of the mutual fund shares<br/> <input TYPE="radio" NAME="You, as the owner of the mutual fund shares" VALUE="The mutual funds company, as the decision maker of its investments">The mutual funds company, as the decision maker of its investments<br/> <input TYPE="radio" NAME="You, as the owner of the mutual fund shares" VALUE="The full service broker, as the company that recommended the mutual funds purchase">The full service broker, as the company that recommended the mutual funds purchase<br/> <input TYPE="radio" NAME="You, as the owner of the mutual fund shares" VALUE="FDIC, as the insurer of the full service broker">FDIC, as the insurer of the full service broker<br/><br/> <input TYPE=hidden TYPE="radio" NAME="You, as the owner of the mutual fund shares" VALUE="" checked> Question 4: In which of the following situations will you be less likely to be asked your Social Security Number? <br/> <input TYPE="radio" NAME="You purchase a car with no financing" VALUE="You apply for collection of social security benefits">You apply for collection of social security benefits<br/> <input TYPE="radio" NAME="You purchase a car with no financing" VALUE="You purchase a car with no financing">You purchase a car with no financing<br/> <input TYPE="radio" NAME="You purchase a car with no financing" VALUE="You apply for a job">You apply for a job<br/> <input TYPE="radio" NAME="You purchase a car with no financing" VALUE="You apply for a credit card">You apply for a credit card<br/><br/> <input TYPE=hidden TYPE="radio" NAME="You purchase a car with no financing" VALUE="" checked> Question 5: If each of the following persons had the same amount of take home pay, who would need the greatest amount of life insurance?<br/> <input TYPE="radio" NAME="Dan, a single man with one young child" VALUE="John, single a 30 years old man with no children">John, a 30 years old man with no children<br/> <input TYPE="radio" NAME="Dan, a single man with one young child" VALUE="Dan, a single man with one young child">Dan, a single man with one young child<br/> <input TYPE="radio" NAME="Dan, a single man with one young child" VALUE="Mike, a retired man with two adult children">Mike, a retired man with two adult children<br/> <input TYPE="radio" NAME="Dan, a single man with one young child" VALUE="Mark, 50 years old single man with no children ">Mark, 50 years old single man with no children <br/><br/> <input TYPE=hidden TYPE="radio" NAME="Dan, a single man with one young child" VALUE="" checked> Question 6: If your car was damaged in a flood, which type of automobile insurance would typically cover the damage to your car?<br/> <input TYPE="radio" NAME="Comprehensive" VALUE="Universal">Universal<br/> <input TYPE="radio" NAME="Comprehensive" VALUE="Term">Term<br/> <input TYPE="radio" NAME="Comprehensive" VALUE="Liability">Liability<br/> <input TYPE="radio" NAME="Comprehensive" VALUE="Comprehensive">Comprehensive <br/><br/> <input TYPE=hidden TYPE="radio" NAME="Comprehensive" VALUE="" checked> <b><i>Press the Submit button to see the results.</i></b><br/> <input TYPE="submit" NAME="Submit" VALUE="Submit" submit><input TYPE="reset" VALUE="Reset"> </form> <p ALIGN="center"><font face="arial" size="-2">Free </font> <font face="arial, helvetica" size="-2"><a href="http://www.money-quiz.com"> personal finance</a> quizzes provided by Money Quiz.</font></p>

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Financial Responsibility and Insurance - High School Quiz