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ARE YOU FINANCIALLY LITERATE? CHAPTERS 9-11

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21. You should spend at least _____ minutes every day reading, listening to, or watching the financial news; Name 3 sources of financial news; Most financial news services have apps. Circle the app you will download. _ ____________________________________________________________________ _ ____________________________________________________________________ 22. You wrote a beautiful poem. You love it so much, you also wrote a melody, and used the poem as lyrics for a song. You were so moved by the song, you wrote a book about it and painted a picture to express your love of your own poetry. How do you assure your exclusive right of ownership in each of these works of art? _ ____________________________________________________________________ _ ____________________________________________________________________ 23. Goods coming into the U.S. (imports) may be inspected by The U.S. Customs and Border Patrol to determine if they are counterfeits, which is a form of ____________________________ theft. 24. The FBI has designated ___________________ as its number two priority, second only to terrorism. a. bank robbery b. business ethics violations c. tax fraud d. industrial espionage 25. Trade secrets are forms of intellectual property which include: Bloomberg Business and Financial News, Yahoo Financial news; CNBC; Bloomberg West; Reuters.com; CNN Money; Bloomberg West You apply for a copyright for each : poem, melody, song, book and painting. Intellectual Property (IP) PRODUCT PREVIEW a. customer lists and databases b. pricing and marketing strategies c. formulas and recipes, design and manufacturing processes d. all of the above 26. Venture capital is: a. Silicon Valley b. a coordination and cooperation of businesses and local government

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c. money used by entrepreneurs to fund a startup company d. a loan from a commercial bank to an established company

SCORE: ____ / 50

217 THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY

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