Finn Study guides, Class notes & Summaries

1. Health insurance is a form of protection that eases the financial burden people may experience as a result of someone's death. - correct answer FALSE Health insurance protects from the financial burden as a result of illness or injury. 2. All group health insurance plans provide the same level of protection. - correct answer FALSE Group plans vary in the amount of protection they provide. 3. COBRA and The Health Insurance Portability and Accountability Act of 1007 have improved healt...

A person making $35,000 and spending $30,800 has an average propensity to consume of 80%. T/F - correct answer -FALSE bc $30,800/$35,000= 88% Becky graduated with a master's degree in Personal Financial Planning. After working two years in a small financial firm, Becky earns $60,000 annually and saves $10,000 a year. What is her average propensity to consume? - correct answer -83.3 % bc ($60,000-$10,000)/$60,000= 83.33% _____ is an important part of the conflict resolution process r...

FINN 3003 Exam 4 (Ch 10-17) || All Questions & Solutions (100% Correct) FINN 3003 Exam 4 (Ch 10-17) || All Questions & Solutions (100% Correct) New York Stock exchange - ANSWER - Which would be an example of the secondary market? Types of Investments - ANSWER - -Money market securities -Stocks (common vs. preferred stock) Common stock - ANSWER - a certificate issued by a firm to raise funds that represents partial ownership in the firm Preferred stock - ANSWER - a certificate issue...

Property Insurance - correct answer -Protects real and personal property from losses caused by various perils/calamities Liability Insurance - correct answer -Protects against financial consequences from the insured's responsibility for property loss Property insurance contracts define: - correct answer -Property covered and perils Perils - correct answer -Cause of loss Negligence - correct answer -Failing to act in a reasonable manner Types of exposure - correct answer --Exposur...

FINN 3273 Exam 2 || Complete Quizzes Solutions (100% Expert Verified) FINN 3273 Exam 2 || Complete Quizzes Solutions (100% Expert Verified) Which one of the following statements is true regarding claim department contacts? - ANSWER - Consumer complaints are investigated by the state insurance departments. Which one of the follow ing statements is true concerning claim information users? - ANSWER - Producers must have policyholder loss information to prepare renewal policies properly. W...

Test Bank for Introduction to Personal Finance Beginning Your Financial Journey, 2nd Edition John E. Grable, Lance Palmer

Solution Manual for Introduction to Personal Finance Beginning Your Financial Journey, 2nd Edition John E. Grable, Lance Palmer

what are the 4 aspects of critical thinking? 1. sorting out conflicting information 2. weighing out your knowledge about that information 3. ignoring and letting go of personal biases 4. deciding on a reasonable belief or action the pollo vaccine was created by which 2 scientists? jonas salk and albert sabin triage the process of sorting patients to determine medical need and priority of care what are the barriers of communication? -environmental distractions -internal distractions -h...

FINN - Exam 1 Homework 2023...

FINN 3053- Kuan Li Exam 2