FP 101 Week 3 Quiz | eBooks | Education

FP 101 Week 3 Quiz

FP 101 Week 3 Quiz PLDZ-1053 Instant Download Price
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FP 101 Week 3 Quiz 

https://uoptutorialstore.com/category/fp-101/

 

FP 101 Week 3 Quiz

 

Complete the Week 3 Quiz provided by your facilitator.

Submit your Week 3 Quiz as a Microsoft® Word®attachment to the Assignment Files tab.

 

 

 

    1. Which of the following is an example of open-end credit?

 

 

    1. An automobile loan

 

 

    1. A department store credit card

 

 

    1. A mortgage loan

 

 

    1. Single lump-sum credit

 

 

 

 

 

 

 

    1. A direct loan for personal purposes, home improvements, or vacation expenses is called

 

 

    1. A credit card

 

 

    1. A revolving check credit

 

 

    1. Interest

 

 

    1. An installment cash credit

 

 

    1.  

      Which of the following is an example of closed-end credit?

 

 

    1. A mortgage loan

 

 

    1. Overdraft protection

 

 

    1. A bank line of credit

 

 

    1. All of the above

 

 

 

 

 

 

 

    1. Which of the following is NOT one of the Five C’s of credit?

 

 

    1. Capacity

 

 

    1. Collateral

 

 

    1. Conditions

 

 

    1. Credit

 

 

 

 

 

 

 

 

FP 101 Week 3 Quiz https://uoptutorialstore.com/category/fp-101/ FP 101 Week 3 Quiz Complete the Week 3 Quiz provided by your facilitator. Submit your Week 3 Quiz as a Microsoft® Word®attachment to the Assignment Files tab.
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