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Business 5.01 C 5 Questions
Test Description: Principles of Business
Instructions: Answer all questions to get your test result.
1) Tonya is considering shopping at a Rooms To Go furniture store that advertises the option of payments for a period of three years. Which type of payment option was advertised?
A
Credit card
B
Installment credit
C
Consumer loan
D
Charge account
2) While shopping among several stores, Tina charged over $700 worth of home improvement supplies. Which type of credit did Tina use?
A
Charge account
B
Installment credit
C
Consumer loan
D
Credit card
3) Jenny charged $300 worth of gifts while shopping at several stores. Which type of credit did Jenny use?
A
Installment credit
B
Credit card
C
Charge account
D
Consumer loan
4) Mary makes prearranged equal payments monthly to Progress Energy. Which type of credit did Mary use?
A
Credit Card
B
Consumer loan
C
Charge account
D
Credit card
5) Justin paid $20 at the end of a doctor\'s visit and agreed to pay the balance in 30 days. He will avoid any cost for this credit. Which type of credit did Justin use?
A
Credit card
B
Installment credit
C
Consumer loan
D
Charge account
6) Who is the best college basketball team?
A
Clemson if they ever beat UNC at home
B
Duke, really
C
NCSU
D
UNC
7) What is the best sport to watch in the Olympics?
A
Track and Field correct answer
B
Any event where a judge scores you
C
Girls with the ribbons floating around the room and hula hoops, really
D
Men's Field Hockey
8) What is the best country to live in?
A
USA correct answer
B
some where else
C
go visit another country and see how you like it here.
D
a strange island
9) Answer yes
A
no
B
yes
C
no
D
no
10) Answer Yes
A
no
B
yes
C
no
D
no
*select an answer for all questions
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