PF 2.02 Question Preview (ID: 15055)


NC Standard 2.02 - Personal Finance. TEACHERS: click here for quick copy question ID numbers.

Which illustrates using available media to communicate and protect others?
a) Calling your daughter to warn about scam artists going door to door
b) Sending in your sweepstakes response to get your name in the drawing
c) Telling your legislator your views about the state lottery
d) Texting your dad to please put some money into your bank account

Which illustrates seeking help from a local agency?
a) Calling your legislator to complain about telemarketers calling your home
b) Contacting the Better Business Bureau
c) Texting a friend who works as a certified public accountant
d) Writing the State Attorney General's office

Which illustrates reporting a fraudulent scam to a consumer government agency?
a) Calling your legislator to complain about telemarketers calling your home
b) Completing a complaint form and submitting it on the Federal Trade Commission website
c) Telling a postal clerk about an unwanted sweepstakes offer you received
d) Texting your mom to ask her if she's heard of a credit card company

Which illustrates a vague offer expecting one to pay up front? The woman:
a) asked the shopper to share her email address and Social Security number.
b) avoided telling the shopper where her business was based
c) promised the shopper she'd tell her how to get the piano at no cost if she'd purchase piano lessons
d) refused to answer certain questions the shopper asked

Which illustrates concealing information? The man:
a) in the booth at the mall refused to tell where his business was located
b) said that the special price was only good for twenty-four hours.
c) said that the table linens were handmade
d) told people he was collecting for the homeless, but kept the money for himself.

Which illustrates a typical line from a sweepstakes letter?
a) "Mail $10 to three people, and in a few short days, you'll start receiving cash in the mail!"
b) "Purchase special software for only $500, start your own business, and earn quick profits."
c) "Purchase your ticket now for a chance to win over $150,000."
d) "You are the lucky winner. Pay only $50 handling fees and claim your cash prize up to $50,000."

Which illustrates a typical line from a lottery promotion?
a) "Mail $10 to three people, and in a few short days, you'll start receiving cash in the mail!"
b) "Purchase special software for only $500, start your own business, and earn quick profits."
c) "Purchase your ticket now for a chance to win over $150,000."
d) "You are the lucky winner. Pay only $50 handling fees and claim your cash prize up to $50,000."

Which illustrates a typical line from an earn-money-at-home offer?
a) "Mail $10 to three people, and in a few short days, you'll start receiving cash in the mail!"
b) "Purchase special software for only $500, start your own business, and earn quick profits."
c) "Purchase your ticket now for a chance to win over $150,000."
d) "You are the lucky winner. Pay only $50 handling fees and claim your cash prize up to $50,000."

On the day of his Superbowl party, Dan went to the store four times to shop for snacks. Dan's behavior illustrates failure to:
a) be informed.
b) communicate
c) plan
d) protect

Lisa did not discuss her planned purchase of new bedroom furniture. When the furniture was delivered, her husband was not pleased . Lisa's behavior illustrates failure to
a) be informed
b) communicate
c) plan
d) protect

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