MILLIONAIRE SCOREBOARD $100 $200 $300 $500 $1,000 $2,000 $4,000 $8,000 $16,000 $32,000 $64,000 $125,000 $250,000 $500,000 $1 MILLION Click the $ for questions

What amount of money the FDIC pay if an insured bank fails?  A: $250,000 A:  B: $200,000 B:  C: $50,000 C:  D: $100,000 D: $100 Question Click on the letter of the correct answer

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SCORE $100 Click on the money bag to return to the scoreboard Correct!

What is the current market value of a home minus any mortgage balance?  A: Profit A:  B: Home Equity B:  C: Protection Equity C:  D: Fair Market Value D: $200 Question Click on the letter of the correct answer

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SCORE $200 Click on the money bag to return to the scoreboard Correct!

What is the act of obtaining credit, assets or money through false pretenses?  A: Smart Finances A:  B: Stealing B:  C: Bank Fraud C:  D: Kiting D: $300 Question Click on the letter of the correct answer

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SCORE $300 Click on the money bag to return to the scoreboard Correct!

Tammy obtained a loan with an interest rate of 39.99% from a bank. Which law did this financial institution violate ?  A: Credit Card Act of 2009 A:  B: Truth in Lending B:  C: Fair Credit Reporting Act C:  D: Usury Law D: $1,000 Question Click on the letter of the correct answer

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SCORE $500 Click on the money bag to return to the scoreboard Correct!

$1000 Question  A: Chapter 13 A:  B: Chapter 7 B:  C: Chapter 11 C:  D: Chapter 12 D: $1,000 Question Click on the letter of the correct answer Bart has no chance of getting out of debt and needs to liquidate all his belongings to pay creditors. Bart should file for which type of bankruptcy?

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SCORE $1,000 Click on the money bag to return to the scoreboard Correct!

$2000 Question  A: Equal Credit Opportunity Act A:  B: Fair Credit Billing Act B:  C: Fair Credit Reporting Act C:  D: Fair Debt Collections A ct D: $2,000 Question Click on the letter of the correct answer Joan is concerned she will be turned down for a loan because she is a single female. What law protects her against this concern?

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SCORE $2,000 Click on the money bag to return to the scoreboard Correct!

$4000 Question  A: Truth in Lending A:  B: Electronic Fund Transfer B:  C: Thift and Bank Fraud C:  D: Credit Card Act of 2009 D: $4,000 Question Click on the letter of the correct answer Jason lost his credit card while on a recent trip. Which act will limit his liability?

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SCORE $4,000 Click on the money bag to return to the scoreboard Correct!

$8000 Question  A: Credit Card Act of 2009 A:  B: Usury Law B:  C: Truth in Lending C:  D: Fair Credit Reporting D: $8,000 Question Click on the letter of the correct answer VISA increased Jimmy's interest rate from 10.99% to 15.99% without notifying him of this change in writing.Which law did VISA violate ?

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SCORE $8,000 Click on the money bag to return to the scoreboard Correct!

$16000 Question  A: Fair Credit Billing A:  B: Fair Credit Reporting B:  C: Fair Debt Collections C:  D: Equal Credit Opportunity D: $16,000 Question Click on the letter of the correct answer Vince is being threatened by his credit card company after falling behind in his payments. What law protects him against this concern?

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SCORE $16,000 Click on the money bag to return to the scoreboard Correct!

$32000 Question  A: Long Term Care A:  B: Dental B:  C: Accident Death &Dismemberment C:  D: Spouse Rider D: $32,000 Question Click on the letter of the correct answer John wants to add his new wife to his existing life insurance policy. Which type of insurance will John purchase?

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SCORE $32,000 Click on the money bag to return to the scoreboard Correct!

$64000 Question  A: Medicare A:  B: Disability B:  C: Retirement C:  D: Survivors D: $64,000 Question Click on the letter of the correct answer On her 65th birthday, Teresa needs health care for a medical procedure. What type of social security benefit can she receive?

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SCORE $64,000 Click on the money bag to return to the scoreboard Correct!

 A: Auto A:  B: Life B:  C: Homeowners C:  D: Renters D: $125,000 Question Click on the letter of the correct answer During a recent violent storm in Kate's town, a large oak tree fell through the middle of her living room. Which type of insurance will cover the damages? $ Question

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SCORE $125,000 Click on the money bag to return to the scoreboard Correct!

$ Question  A: Comprehensive A:  B: Liability B:  C: Whole C:  D: Term D: $250,000 Question Click on the letter of the correct answer The Smith’s financial budget is tight, but they need more life insurance protection. What kind of policy would be the BEST BUY for the Smith’s?

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SCORE $250,000 Click on the money bag to return to the scoreboard Correct!

$ Question  A: Heirs A:  B: Contingent Beneficiaries B:  C: Beneficiaries C:  D: Insureds D: $500,000 Question Click on the letter of the correct answer Mr. and Mrs. Smith are concerned about dying together in an auto accident. To be sure their children get the life insurance money, how should the children be listed in the policy ?

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SCORE $500,000 Click on the money bag to return to the scoreboard Correct!

$1 Million Question  A: Life A:  B: Auto B:  C: Homeowners C:  D: Renters D: $500,000 Question Click on the letter of the correct answer Linda stepped into a hole and fractured her ankle while delivering a package to Carol's residence. Which type of insurance would cover her injuries?

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SCORE $1 MILION Correct!