You Have $3,000 That You May Need Any Day to Replace

question 3

Multiple Choice

You have $3,000 that you may need any day to replace the furnace in your house. Which of the following would be the best place to put the $3,000?

• A) A one-year CD earning 4%
• B) A common stock mutual fund earning 9%
• C) A savings account earning 2%
• D) Shares of stock in a high-tech company that could double in 6 months

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Definitions:

Publisher

An individual or company that prepares and issues books, journals, music, or other works for sale.

Equitable Remedies

Judicial orders enforcing a party to act or refrain from acting, which are granted when legal damages are not a sufficient remedy.

Plaintiff

The person or party who initiates a lawsuit (also known as an action) before a court by filing a complaint with the clerk of the court against the defendant(s). Also known as claimant or complainant.

Title VII

A part of the 1964 Civil Rights Act that forbids job discrimination on the grounds of race, color, religion, gender, or country of origin.