Personal Finance Week 13 Latest 2023 100% Pass

Personal Finance Week 13 Latest 2023 100% Pass Choose all procedures and steps related to buying an automobile. take a test drive, Research options for financing and don't always depend on the dealer for the best offer, Choose insurance coverage that is correct for your car, Check out the reputation and reliability of the dealer and car manufacturer, Choose a vehicle that best suits your needs and budget, Make sure you read and understand any documents before you sign them. If you are buying a used car, what are some actions you might want to take before purchasing a vehicle? Ask about any warranties or dealer-sponsored guarantees, Have a mechanic inspect the vehicle for any possible mechanical problems, Research any records pertaining to recalls or accidents related to the specific vehicle, and look for pricing for similar models on the internet or other dealerships Leasing a car could be a good option for you if _______________________. you prefer to trade cars often, you want to drive a better car for less money, you need a lower payment, you want to drive a car that is under the warranty of the manufacturer, or your yearly mileage is less than 10,000 miles Some options add to the value of a car like air conditioning and an automatic transmission. Choose from below items that add costs, but are not really worth the extra dollars. extended warranties by third-party sellers, rustproofing (most cars have a 5 to 10-year warranty against rust), auto club memberships, and upholstery finishes In the Ron Blue video within the lesson, Mr. Blue makes it clear that after running the numbers, leasing is always a better financial decision than buying a car. false What is a lease? An agreement between an owner and a tenant that outlines the obligations of both parties regarding renting an apartment or house Tenants are protected against discrimination by the ___________________. Fair Housing Act This person is the owner of the house. Single Owner This person represents a corporation that owns ten apartment complexes in town. managing owner This person is a designated legal representative who can sign legal paperwork. managing agent This person takes appropriate actions for both the landlord and the renter. managing agent This person is personally responsible for any repairs and actions to take care of the rental property. single owner What are some steps a renter should take in order to make sure the best choices are made when considering a place to live? Purchase renter's insurance to cover any personal property against damage, loss, and theft, get everything from monthly payments to renter/landlord responsibilities in writing, keep communication open between you and the landlord or managing agent, know your privacy rights and any curfews in effect, and make sure all forms are complete and references available if asked. Other than your monthly rental payment, what are some of the things you may have to pay for while living in a rental property? Choose all that apply. extra storage, laundry facilities, parking spaces, pets, and utilities Tenant rights, laws, and any protection afforded both tenants and renters are determined at what government level? state