Business

Question 10(Multiple Choice Worth 5 points) (02.03 MC) Laurie checks her monthly bank statement and notices a negative balance. What will MOST LIKELY happen? She will be charged with fraud. She will be charged an overdraft fee. Her account will be automatically closed. The bank will sue her in small claims court.

When is the face amount of a Whole Life policy paid? A. When the insured dies or at the policy's maturity date, whichever happens first B. Only when the insured dies C. When the policy is surrendered D. At the policy's maturity date only

Using the Exxon data as an example, pretend Penny's Pickles (a fake pickle company) divides their company into 10,000 shares of stock. If you buy 200 of those shares, what percent of Penny's Pickles do you own? .02 2 20 2

Q How can you prevent a tool from falling and hurting people below you? A. Carry the tool in your hand while climbing B. Hold the tool under your arm while climbing C. Fasten the tool to a tool belt you wear as you climb D. Leave the tool on the ground until you're done with the ladder

Type the correct answer in the box Spell all words correctly. Which economy enables demand for a product or service to drive all the business decisions? Business decisions are driven by demand in a (an) square economy.

True or False? It's okay to deposit a check at the bank and then use an app to deposit the same check into your account. True. Seems legit and you get paid twice. False. That's Fraud. It depends on the situation.

True or False? If you shop around you can NEVER find bank accounts with low minimums and fees. True False

True or False? As long as your money is in an FDIC-insured account, it is safe even if the bank goes out of business. True False

True or False? You can avoid check cashing fees by depositing your money in a bank w True False

How do you get a W-2 form that tells you how much money you earned so you can file a tax return (if you were an employee earning wages)? Your employer wil give you one with each paycheck. Your employer will send it to you at the end of the year. You have to pick it up from your employer at the end of the year. You don't really need one.