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13. Accumulating parking tickets and failing to pay them can lead to: a. doubling or even tripling of fines b. suspended drivers license
c. impounded (seized) car d. arrest for a misdemeanor e. all of the above 14. T F Wealthy people generally do not suffer financial ruin when they become addicted, because they can afford to pay for their bad habit. 15. Addicts generally have financial problems because their lifestyle results in: a. increased costs of living b. decreased ability to earn income c. bad investment decisions d. both A & B 16. In a study, college students with D’s or F’s consumed almost ___ drinks per week, while students with A’s consumed little more than ___ drinks per week. a. 5; 0 c. 15; 10 b. 10; 4 d. 6; 2 17. Beatriz is an accountant with a drug problem. To pay for her drug habit, she stole money from a charity whose accounts she managed. She also sold some of the drugs to pay for more. She was charged two felonies and spent time in jail. She’s been released and wants to rent an apartment and get back to work to start making up for her financial losses. Which of the following things may impact Beatriz’s ability to rebuild her wealth and financial security for many years: a. an order of restitution to repay the charity b. the inability to reinstate her professional license c. a rejection of housing rental application because she is a convicted felon d. all of the above 18. To protect yourself from the loss of wealth due to an addicted family member, spouse or business partner: a. close joint accounts b. hide credit cards and check books c. hide or remove valuables that can be pawned d. all of the above PRODUCT PREVIEW
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THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY 349
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