Questions from Personal Finance

Q: 1. Health insurance includes both medical expense insurance and disability income

1. Health insurance includes both medical expense insurance and disability income insurance. 2. Hospital expense insurance pays part or all of hospital bills for room, board, and other charges. 3. Dre...

Q: 1. How could the Bowmans benefit from buying a home that

1. How could the Bowmans benefit from buying a home that needed improvements? 2. How might Beth Young have found out when mortgage rates were at a level that would make refinancing her condominium mor...

Q: What is a “certified preowned” vehicle? What are the

What is a “certified preowned” vehicle? What are the benefits and drawbacks of this type of purchase?

Q: 1. A beneficiary is a person named to receive the benefits

1. A beneficiary is a person named to receive the benefits from an insurance company. 2. There is a rule of thumb that a good target is life insurance totaling nine to ten times your annual income. 3...

Q: 1. A good rule of thumb is to limit credit purchases

1. A good rule of thumb is to limit credit purchases to 35 percent of your net (after tax) income. 2. An emergency fund is an amount of money that can be obtained quickly in case of immediate needs....

Q: Write true and false for the follwing 1. A purchasing

Write true and false for the follwing 1. A purchasing decision starts with gathering information. 2. Consumer information from business organizations is usually the most objective type of data availab...

Q: While fraud usually involves deceptions against consumers, what are some “

While fraud usually involves deceptions against consumers, what are some “frauds” that consumers commit against business?

Q: What actions would you recommend to a person who was considering buying

What actions would you recommend to a person who was considering buying a home that needed several improvements?

Q: Describe how knowledge of current interest rates would help you better plan

Describe how knowledge of current interest rates would help you better plan when obtaining a mortgage.

Q: Prepare a list of actions to take when selling a home.

Prepare a list of actions to take when selling a home.