Financial Responsibility and Insurance - High School Quiz

Question 1: Overall, which of the following is the best source of investment advice?

Question 2: Which type of brokerage firms will likely provide the lowest cost of buying, selling and owning shares of a public company?

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?

Question 4: In which of the following situations will you be less likely to be asked your Social Security Number?

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?

Question 6: If your car was damaged in a flood, which type of automobile insurance would typically cover the damage to your car?

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