Questions from Personal Finance


Q: For the following situations, identify the legal action that would be

For the following situations, identify the legal action that would be most appropriate to take. (a) LEGAL AID SOCIETY (b) SMALL CLAIMS COURT (c) ARBITRATION (d) CLASS ACTION SUIT

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Q: For the following situations, would you recommend that the person rent

For the following situations, would you recommend that the person rent or buy their housing? (Circle your answer) A person who desires to reduce income taxes paid A person who expects to be transferr...

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Q: What are the main benefits and drawbacks of renting a place of

What are the main benefits and drawbacks of renting a place of residence?

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Q: Which components of a lease are likely to be most negotiable?

Which components of a lease are likely to be most negotiable?

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Q: What guidelines can be used to determine the amount to spend for

What guidelines can be used to determine the amount to spend for a home purchase?

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Q: How can the quality of a school system benefit even homeowners in

How can the quality of a school system benefit even homeowners in a community who do not have school-age children?

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Q: What are the advantages and disadvantages of owning a home?

What are the advantages and disadvantages of owning a home?

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Q: How do changing interest rates affect the amount of mortgage a person

How do changing interest rates affect the amount of mortgage a person can afford?

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Q: A Lesson From The Past 1. According to Mary Goldberg

A Lesson From The Past 1. According to Mary Goldberg, the chance to invest in New World Explorations was “too good to pass up,” and she lost $10,000. Why do you think so many people are taken by get-...

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Q: Under what conditions might an adjustable-rate mortgage be appropriate?

Under what conditions might an adjustable-rate mortgage be appropriate?

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