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Consumer Skills Everfi Module 4 Quiz
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Multiple Choice Questions
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leasing a car may be a better option than buying a car if...
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you don't plan on having it for long and don't want to worry about regular maintenance
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no restrictions on the number of miles to drive and the ability to customize, or make changes to the car
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all of the above
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smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
which of the following is NOT a useful strategy when making an informed purchase?
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a price that fits comfortable in your budget
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smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
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purchase a product based on a social media influencer
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they are planning on living there for a short period of time
which payment option could have interest charged to you?
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cash
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debit card
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credit card
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buying a house
the price of a single item within a group of items is known as the _______ of the item
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buying a house
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credit card
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unit price
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debit card
which method of payment actually is a form of borrowing money that needs to be paid back later?
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debit card
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unit price
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credit card
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checks & debit cards
which fact supports the idea that renting is a good option for living in a place for a short period of time?
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the influencer is paid to post the product
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landlords take care of most maintenance
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a price that fits comfortable in your budget
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checks & debit cards
how does a consumer know whether a purchase may be a good deal?
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Both A and B
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debit card
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buying a house
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both a and c
when making a large purchase, you should avoid everything EXCEPT ___________
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assume that buying the cheapest item is the smartest choice
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a price that fits comfortably in your budget
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they are planning on living there for a short period of time
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a price that fits comfortable in your budget
how is a post from a social media influencer different than a comment from a regular consumer?
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a price that fits comfortable in your budget
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the influencer is paid to post the product
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they are planning on living there for a short period of time
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the advertisement is likely one-sided
which of the following is NOT an advantage of owning a car?
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no restrictions on the number of miles to drive and the ability to customize, or make changes to the car
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a price that fits comfortable in your budget
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smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
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purchase a product based on a social media influencer
how is an advertisement different from a comment from a regular consumer?
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it helps you determine the best deal
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the advertisement is likely one-sided
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they are planning on living there for a short period of time
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the influencer is paid to post the product
which example shows an advantages of owning a car over leasing one?
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purchase a product based on a social media influencer
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smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
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no restrictions on the number of miles to drive and the ability to customize, or make changes to the car
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credit card
what is one of the best ways to get reliable information about a product?
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search online reviews
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both a and c
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the advertisement is likely one-sided
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they are planning on living there for a short period of time
when you are deciding what to buy, you should not...
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assume that buying the cheapest item is the smartest choice
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a price that fits comfortable in your budget
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a price that fits comfortably in your budget
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smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
which forms of payment is linked to a bank account which limits the amount of money you can spend to balance in your account?
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checks & debit cards
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buying a house
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credit card
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search online reviews
why is figuring out the unit price of something useful when shopping?
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it helps you determine the best deal
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buying a house
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a price that fits comfortably in your budget
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the advertisement is likely one-sided
what is the best reason for why someone would want to lease a house instead of buy one?
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the advertisement is likely one-sided
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a price that fits comfortable in your budget
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they are planning on living there for a short period of time
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purchase a product based on a social media influencer
making a good purchasing decisions requires _______
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all of the above
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both a and c
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credit card
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Both A and B
which housing option gives you more freedom and more responsibility?
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credit card
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both a and c
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debit card
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buying a house
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