Chapter 4 PMM
Quiz by Jan Timmerman
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
40 questions
Show answers
- Q1Warranties may be in writing or assumed to exist.FalseTrue30s
- Q2There are no form or content requirements for making contracts enforceable.TrueFalse30s
- Q3A negotiable instrument is a legally collectible promise to pay money.TrueFalse30s
- Q4A minor can enter into a valid contract if the minor is married or emancipated.TrueFalse30s
- Q5It is your responsibility as a consumer to keep a copy of each agreement you sign in a safe place for future reference.FalseTrue30s
- Q6A contract with an illegal purpose is called a voidable contract.TrueFalse30s
- Q7An example of a contract that must be in writing is one that cannot be performed in one year.FalseTrue30s
- Q8A driver’s license is an example of an implied agreement.FalseTrue30s
- Q9When a contract is recorded, it becomes a public record.FalseTrue30s
- Q10You should keep copies of tax returns and supporting records for a minimum of 3 years.FalseTrue30s
- Q11It is not a good idea to take photographs of your valuables because other people might see them.TrueFalse30s
- Q12Liabilities are things of value that you own.TrueFalse30s
- Q13When your debts are greater than your assets, you are said to be solvent, or in a favorable credit position.FalseTrue30s
- Q14Keeping good personal records will not facilitate long-range financial planning.FalseTrue30s
- Q15Fixed expenses will change according to a family’s needs and short-term goals.FalseTrue30s