What is charterers contribution clause?

Consumer Skills : Need Help (NO MONEY FOR TUTOR) ! Please?

• 18. The main types of financial institutions offering checking accounts are a. Commercial banks b. Savings and loan associations c. Credit unions d. All of the above 19. Phrases and clauses commonly found in credit agreements DO NOT include a. A default payment clause, which explains late payment charges and penalties b. A deficiency clause, in which the creditor can repossess the goods. The borrower can also be forced to pay any amount still owed if it is not recovered through the sale of the repossessed goods c. Wage assignment, or garnishment, allows the lender to collect a portion of the borrower’s wages if the loan is defaulted d. A statement that credit life insurance is required by law 20. The reason why a two- or three-year old used car can be purchased for a much lower price than a similar new model is because of a. Lower interest rates on the loan to purchase a used car. b. The price of automobile insurance is lower for a used car. c. The rate of depreciation for a used car is much less than for a new car. d. None of the above 21. A finance charge a. Does not include interest b. Is the same thing as interest c. Is the total dollar amount paid to use credit except for costs and fees d. Is the total dollar amount paid to use credit, which includes interest and may include other costs and fees 22. Credit bureaus generate credit scores and ratings between 100 and 800, based on main areas including a. Payment history b. Current debt c. Length of credit history d. All of the above 23. Which of the following is NOT TRUE of a Roth IRA? a. The $3,000 contribution is not deductible on yearly taxable income. b. Interest builds tax-free c. There are restrictions on gross income for people eligible to contribute. d. Withdrawals must begin by age 59 ½. 24. Gross pay is the a. Salary or wages received before deductions are taken out. b. Amount of money an employee takes home after deductions are taken out of the earnings. c. Payment of a percentage of total sales. d. None of the above. 25. A check that might not be able to be cashed includes a. A stale check b. A third-party check c. An unsigned check d. All of the above

• Answer:

  18 d 19 d 20 d 21 d 22 d 23 don't know 24 a 25 d