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Exam (elaborations)

Wise Test WITH 100- CORRECT ANSWERS

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  • Course
  • Managerial Economics
  • Institution
  • Managerial Economics

Wise Test WITH 100- CORRECT ANSWERS

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  • October 15, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Managerial Economics
  • Managerial Economics
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mbitheeunice2015
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Wise Test WITH 100% SURE ANSWERS

Terms in this set (35)


When a person brings an item to a a collateralized loan.
pawnshop to obtain cash, the transaction is
considered

To qualify for a Federal Housing fulfill income guidelines.
Administration (FHA) loan, a person must
generally

A person has three credit cards with very Notify the credit card companies in order to negotiate a new payment plan.
large outstanding balances and is unable
to make payments on any of them. Which
action should the person take?

Which of the following is considered to be Department store charge cards.
open-end credit?

What is meant by an uncollateralized loan? A personal loan without assets to cover the loan amount.

Which of the following does the Federal Monetary policy
Reserve use to regulate the nation's money
supply?

Money for saving, investing, or spending Capital losses from the sale of stock
cannot be from:

Jami lost her debit card. She did not report Unlimited liability
it missing for 3 months. If an unauthorized
person used her debit card, her maximum
liability is:

Susan gives Marie her ABC Credit Union No bank or government agency is obligated to reimburse Susan because she
debit card and personal identification authorized Marie to use her ATM card and PIN
number (PIN) so Marie could get $25 from
Susan's bank account. Marie withdrew $100
instead of the agreed to $25. How can
Susan get the $75 back?




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