5
QuizMultiple Choice

Contracts

Question 5 • FL-2102373-Personal Finance and Money Management Honors

Read the scenario.Shawnna bought a car and has a contract with the dealership. She needs to make monthly payments on time to avoid late fees and the possibility of her car being repossessed.Which terms of her contract is Shawnna ensuring she fulfills?

Answer
A
the make and model of the car
B
the monthly payment amount and due dates
C
the terms for upgrading her car to a newer model
D
the service company to contact if her car is repossessed

Explanation

Shawnna avoids late fees and possible repossession by making each payment on time. This means she is following the contract’s monthly payment amount and due dates, which is choice B. The car’s make and model and any upgrade terms do not determine whether her payments are late.

AI-written and checked against the verified answer.

Previous
Next