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iRubric: MCA #2 -2012- PERSONAL FINANCE II rubric
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MCA #2 -2012- PERSONAL FINANCE II
PERSONAL FINANCE II. ESSAY ON RENTING, INSURANCE, WILLS, AUTO, IRAS
Rubric Code:
C7936W
By
prlaf61
Draft
Public Rubric
Subject:
Finance
Type:
Exam
Grade Levels:
9-12
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PF II MCA 2-2012
Poor
1 pts
Fair
2 pts
Good
3 pts
Renting
Poor
Describe the advantages and disadvantages between signing a rental lease agreement versus a month to month agreement. In addition, explain a tenants responsibilities when renting an apartment.
Fair
Good
Risk Management
Poor
Describe how a person’s insurance premium is decided for life, auto and property insurance.
Fair
Good
Wills/Estates
Poor
Describe why it important for people to establish a will as they get older and start a family.
Fair
Good
Auto buying
Poor
Why do new car dealers offer financing to potential buyers? What reasons would a buyer finance a car thru a dealer?
Fair
Good
Retirement Planning
Poor
Explain the differences between a traditional IRA and a Roth IRA.
Fair
Good
Insurance
Poor
Risk Management is based on probability and statistics. Explain how insurance companies use this information to determine an insurable risk.
Fair
Good
Leasing/Renting
Poor
Why do landlords prefer to lease rather than rent month to month.
Fair
Good
Subjects:
Finance
Types:
Exam
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