BUSN 380 DEVRY FINAL EXAM SET 2
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Determining the purchase price<br />
Postpurchase activities<br />
Question 29.29. (TCO 1) If Bradley Smith gives a cashier a document at a point of purchase with the<br />
expectation of obtaining a discount, he is using a (Points : 4)<br />
<br />
<br />
<br />
<br />
<br />
coupon.<br />
rebate.<br />
warranty.<br />
receipt.<br />
promissory note.<br />
Question 30.30. (TCO 3) A credit purchase with 24 monthly payments of $80 and a down payment of<br />
$125 would have a total cost of (Points : 4)<br />
$2,000.<br />
$1,795.<br />
$2,045.<br />
$1,920.<br />
$1,085.<br />
Question 31.31. (TCO 3) The _____ is considered to be the assessed value of your home. (Points : 4)<br />
<br />
<br />
<br />
<br />
<br />
value used to calculate property taxes<br />
estimated current market value<br />
price you paid to purchase the home<br />
amount of money a buyer has offered to purchase the home<br />
cost basis assigned to your home by your insurance company<br />
Question 32.32. (TCO 4) Your home insurance policy has a $250 deductible. If hail causes $1,500<br />
damage to your home, what amount of the claim would the insurance company pay? (Points : 4)<br />
$1,750<br />
$1,250<br />
$1,500<br />
$250<br />
$0<br />
Question 33.33. (TCO 4) John Brown owns a home in Oakland, California and because of the risk of<br />
earthquakes, he decides to purchase _____ to cover potential losses. (Points : 4)<br />
<br />
<br />
<br />
<br />
<br />
building and other structures<br />
additional living expenses<br />
personal property<br />
personal liability<br />
specialized coverage
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