Ch8 Test - Chapter8Test Name:_ MoneyManagement...

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Chapter 8 Test Name:___________________________ Money Management Date:________________Period:______ TRUE (A) or FALSE (B).   Please use A if the statement is true and B if the statement is false. ________  1.  The base price of an automobile would include two-tone paint. ________  2.  As a consumer, you do not always have to pay the sticker price for an automobile. ________  3.  The dealer cost does not include the destination charge. ________  4.  It is  not to your benefit to know the dealer cost before purchasing an automobile. ________  5.  The destination charge is the cost of shipping the car to the dealer. ________  6.  The sticker price is the total of the base price and the destination charge. ________  7.  Automobile dealers usually advertise used cars for prices that are higher than what they expect  you to pay. ________  8.  You can only find out how much a vehicle is worth by talking to a car salesman. ________  9.  Dealers are the only ones who benefit from used-car guides. ________  10.  Liability insurance includes bodily injury insurance and property damage insurance.   ________  11.  If you only have liability insurance, you are breaking the law.
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This note was uploaded on 01/24/2012 for the course HUM 9999 taught by Professor Variousprofessorslisted during the Summer '06 term at Abilene Christian University.

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Ch8 Test - Chapter8Test Name:_ MoneyManagement...

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