Questions from Personal Finance


Q: Assume you are 30-years old, single, and just

Assume you are 30-years old, single, and just beginning to invest. How can you balance, safety, risk, and growth when choosing investments. Which component do you consider the most important?

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Q: Review the settlement options on your family’s life insurance policies, and

Review the settlement options on your family’s life insurance policies, and discuss with your family which option would be the best choice for them at this time.

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Q: Is it legal or ethical for an insurance agent to suggest a

Is it legal or ethical for an insurance agent to suggest a variable life insurance policy to an 80-year-old man? Explain your answer.

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Q: In what circumstances would a $1,000 corporate bond be

In what circumstances would a $1,000 corporate bond be worth more than $1,000? In what circumstances would the corporate bond be worth less than $1,000?

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Q: In what situations can comparing prices help in purchasing decisions?

In what situations can comparing prices help in purchasing decisions?

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Q: How does a service contract differ from a warranty?

How does a service contract differ from a warranty?

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Q: 1. Do you think Kathy’s father was planning wisely for the

1. Do you think Kathy’s father was planning wisely for the welfare of his family? Can you suggest ways in which this family could have cut monthly expenses and thus set aside some money for more insu...

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Q: What types of brands are commonly available to consumers?

What types of brands are commonly available to consumers?

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Q: Match the following descriptions with the warranties listed here. Write your

Match the following descriptions with the warranties listed here. Write your answer in the space provided. (a) express warranty: (b) service contact: (c) limited warranty: (d) implied warranty:...

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Q: When might leasing a motor vehicle be appropriate?

When might leasing a motor vehicle be appropriate?

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