Unit Four Flashcards

0
Q

Biggest wealth builder - money received regularly through work or investment

A

Income

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1
Q

Combining of several loans into a new loan and paying more interest

A

Debt Consolidation

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2
Q

Main goals are to protect consumers and ensure a competitive market

A

Federal Trade Comission

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3
Q

Wrongful or criminal deception intended to result in financial or personal gain

A

Fraud

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4
Q

Allows others into your financial accounts

A

Electronic Access

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5
Q

Buyer alone is responsible for checking the quality of goods before a purchase is made

A

Caveat Emptor

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6
Q

Taking control over your impulse buying through various tactics

A

Power Over Purchase

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