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Question 6 Which of the following statement is (are) true about leasing? (select all that apply) Question 6 options: Leasing provides all the rights and

Question 6

Which of the following statement is (are) true about leasing? (select all that apply)

Question 6 options:

Leasing provides all the rights and benefits of ownership of the asset.

The leased asset can be returned at any time without any additional cost.

Leasing typically requires a small security deposit, whereas buying can require a large down payment.

Leasing is a contractual agreement with monthly payments for the use of an asset over a set period of time.

Question 7

Which of the following are signs that identity theft may have happened to you? (select all that apply)

Question 7 options:

You fail to receive bills and account statements that you expected.

You are contacted by debt collectors for purchases you did not make.

You are denied credit for no apparent reason.

You receive a credit card that you didn't apply for.

Question 8

Deferment is the ability to postpone your student loan payments for up to three years while you are enrolled at least half-time in school, are unemployed, or meet hardship standards.

Question 8 options:

True
False

Question 9

A rise in the general level of prices is called:

Question 9 options:

compounding

inflation

annexation

deflation

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