Modified Study Guide Chapters 7 And 8 Q14-26 Question Preview (ID: 21925)


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What is a retail establishment selling items that have been traded as security for cash?
a) pawn shop
b) consignment shop
c) mall
d)

What is an arrangement in which a person puts his money in for long term growth?
a) investment
b) risk return ratio
c) stocks
d)

Which of the following is typically NOT a good place to find a deal?
a) mall
b) estate sales
c) consignment shops
d)

Which technique will you most likely hear I have to check with my manager?
a) good guy, bad guy
b) that's not good enough
c) if I take away
d)

What is used to manage a mutual fund?
a) portfolio
b) stocks
c) bonds
d)

The U.S. is the only country in which ___ is not a way of life
a) negotiating
b) saving
c) investing
d)

To withdraw money from your Roth IRA without paying a penalty, you must be
a) 59.5 years old
b) 40 years old
c) 100 years old
d)

Which of the following is a good long term investment option?
a) mutual funds
b) viaticals
c) gold
d)

___ will NOT give you the best (cheapest_ deal on a purchase
a) being first in line for a new product
b) shopping around to find the best deal
c) negotiating
d)

Which of the following is not a retirement account?
a) 4085
b) 401K
c) 457
d)

What is the ability to walk away from a purchase when negotiating?
a) walk away power
b) its not good enough
c) negotaite
d)

The basic rules of negotiating can get you incredible deal but only if you
a) actually use them
b) have a lot of money
c) are willing to buy the item regardless of the price
d)

What are the securities that represent part ownership in a corporation?
a) share
b) stocks
c) diversification
d)

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