5 Flashcards

1
Q

When budgeting your money what is the difference between a positive balance in a deficit

A

Positive is to have extra money

Deficit is balance is not enough

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2
Q

Bonds

A

Iinterest-bearing a certificate of agreement between borrower and the lender

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3
Q

How can you buy part of a large company

A

Buy Stocks in A company

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4
Q

Dividends

A

Portion of company earnings paid to shareholders

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5
Q

Mutual funds

A

Investment

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6
Q

Where did American Laws originate

A

Code of Hammarabi

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7
Q

What is due process and why is it so important

A

Due process is a government law not to take away our lives liberty or property without bawling legal processes and protects to make the government respect our rights

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8
Q

What is the warranty and who does it protect

A

A warranty is a promise made by seller to repair or replace a product with it is there in time. If it is faulty the buyer is who it is to protect

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