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Which method of paying for education is offered to students based on need?
Response: grant -
Which term describes the situation faced by people who cannot repay their loans?
Response: bankruptcy -
In which type of bankruptcy does the individual lose all of their assets?
Response: Chapter 7 -
Which type of bank card immediately deducts payment for purchases from the cardholder’s checking account?
Response: debit card -
What is the amount of money that a person takes in over a specified period of time?
Response: income
Which method of paying for education is offered to students based on need? (1 point)
Responses
credit
credit
grant
grant
scholarship
scholarship
student loan
Which term describes the situation faced by people who cannot repay their loans? (1 point)
Responses
bankruptcy
bankruptcy
collateral
collateral
credit
credit
interest
interest
In which type of bankruptcy does the individual lose all of their assets? (1 point)
Responses
Chapter 7
Chapter 7
Chapter 13
Chapter 13
Both chapters 7 and 13
Both chapters 7 and 13
Neither chapters 7 or 13
Which type of bank card immediately deducts payment for purchases from the cardholder’s checking account? (1 point)
Responses
credit card
credit card
debit card
debit card
loan card
loan card
smart card
What is the amount of money that a person takes in over a specified period of time? (1 point)
Responses
budget
budget
credit
credit
income
income
expense
1 answer