MM Chapter 9 And 10 T/F Part 1 Question Preview (ID: 25263)


T/F Part 1. TEACHERS: click here for quick copy question ID numbers.

Good identity theft protection includes restoration services
a) True
b) False
c)
d)

If money fights are a problem in a marriage, then money management provides an opportunity to improve a marriage
a) True
b) False
c)
d)

Cash value life insurance is more expensive than term life insurance
a) True
b) False
c)
d)

The purpose of insurance is to increase your investments
a) False
b) True
c)
d)

The state of Texas requires every driver to have liability coverage on their auto insurance
a) True
b) False
c)
d)

You should never have both cash value and term life insurance
a) True
b) False
c)
d)

Communication, teamwork, and consistency are all important elements in handling family finances
a) True
b) False
c)
d)

Following the Five Foundations will help you to one day become self-insured
a) True
b) False
c)
d)

Any insurance with cash value or that combines insurance with investments is a bad idea
a) True
b) False
c)
d)

It is a good idea to get duplicate coverage for any type of insurance policy
a) True
b) False
c)
d)

Nerds don't like to deal with money and free spirits are more responsible with their money
a) False
b) True
c)
d)

Renter's insurance covers your loss due to smoke damage
a) True
b) False
c)
d)

Renter's insurance is not necessary if you don't have a lot of expensive things
a) False
b) True
c)
d)

The goal in communicating with your parents about money is to become responsible and independent with the money you have
a) True
b) False
c)
d)

Other than Collision coverage takes care of damage to your car that is not caused by a collision
a) True
b) False
c)
d)

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