39. (p. 111) Brenda lost her debit card. When she realized it was gone her account had $173 in unauthorized charges. She notified her financial institution within two days. How much is she potentially liable for? A. $0 B. $25 C. $50 D. $173 E. Cannot be determined with the information provided 40. (p. 111) Brandon lost his debit card. When he realized it was gone his account had $238 in unauthorized charges. Since he was embarrassed about his loss he didn’t contact his financial institution for 45 days. What is the most that he liable for? A. $0 B. $50 C. $188 D. $238 E. $500 41. (p. 111) ATM stands for A. Automatic taking machine B. Available teller machine C. Automatic teller machine D. Available token machine E. Automatic token machine 42. (p. 112) Which of the following is NOT a financial publication that can provide information about financial services and economic conditions? A. The Wall Street Journal B. The Financial Times C. The Daily Market D. Business Week E. Forbes 43. (p. 114) When you select a financial service provider you should ask all of the questions except A. Will I be able to borrow money if I need it? B. How can I minimize the cost of checking and payment services? C. Where can I get the best return on my savings? D. All of the questions above should be asked. E. None of these questions are needed. 44. (p. 114) When you select a financial service provider you may find all of the following to be major factors except A. Company logo B. Convenience C. Fee structure and other charges D. Personal service E. Rates for savings and borrowed funds 45. (p. 114) All of the following are deposit institutions except A. Commercial bank B. Credit union C. Finance company D. Mutual savings bank E. Savings and loan association 46. (p. 114) All of the following are non-deposit institutions except A. Credit card company B. Investment company C. Life insurance company D. Mortgage company E. Payday loan company 47. (p. 114) Which of the following usually offers mutual funds? A. Credit card company B. Investment company C. Life insurance company D. Mortgage company E. Payday loan company 48. (p. 114) Which of the following primarily provides loans for home purchases? A. Credit card company B. Investment company C. Life insurance company D. Mortgage company E. Payday loan company
