Understanding Personal Finances

Mini-Quiz: Using PayPal to Send or Receive Funds Online

SCSchool for Champions LLC

Take this Mini-Quiz to check your understanding of the lesson material.

QUIZ

Self-check your understanding

How do you know it is safe to send your credit card number to open a PayPal account?
If the coffee shop has a WiFi serviceSorry, not correct. Try another button. https:// indicates it is a secure linkThat is correct. You know about PayPal. http:// means it is safeGood try, but not right. Select another answer.
What type of account should you use to buy and sell on eBay?
Personal accountSorry, not correct. Try another button. Premier accountCorrect. You sre are smart. eBay accountOops! Wrong answer. Re-read the question and try again.
What do you need to do to transfer funds from your PayPal to bank account?
Set up a link your PayPal account to your bank accountThat is correct. You know about PayPal. Open a PayPal Bank accountGood try, but not right. Select another answer. You can't transfer funds to your bank accountOops! Wrong answer. Re-read the question and try again.

Pick an answer to see instant feedback. Re-read the lesson if you miss one.

If you got all three correct, you are on your way to becoming a Champion in Personal Finances. If you had problems, you had better look over the material again.

Resources and references

Websites

How Does PayPal Work? – From eHow.com

How Does PayPal Work on eBay? – From Dummies.com

What is PayPal? – From HowStuffWorks.com

PayPal Help

Finances Resources

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