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Curriculum› Scams, Fraud & Consumer Protection› Scams, Fraud & Consumer Protection: Checkpoint 1

Checkpoint quiz · Scams, Fraud & Consumer Protection

Scams, Fraud & Consumer Protection: Checkpoint 1

Covers scam psychology, phishing and imposter scams, investment and romance scams, and identity theft.

Five questions on how scams are built to work, and the first line of defense against identity theft.

Question 1 of 5 Nearly every scam relies on some combination of urgency, authority bias, pretexting, and:

Isolation from double-checking with someone else Public advertising Government approval Slow, patient decision-making

Question 2 of 5 'Spoofing' in a phishing message refers to:

Encrypting a message so only the recipient can read it Faking the sender's name or number so a message looks like it came from a trusted source A bank's official fraud-alert system A type of two-factor authentication

Question 3 of 5 A guaranteed high investment return with little or no risk is best understood as:

A normal feature of index funds One of the most reliable warning signs of a scam Standard for early-stage business loans Only a concern for large investments

Question 4 of 5 'Pig butchering' scams combine a long-built romance or relationship with:

A request for a character reference A fake investment opportunity introduced only after trust is established An immediate, upfront request for money A legitimate crowdfunding campaign

Question 5 of 5 A credit freeze primarily protects against identity theft by:

Deleting your existing credit history Blocking lenders from accessing your credit report to approve new accounts in your name Automatically refunding fraudulent charges Replacing the need for strong passwords

← Back to Identity Theft and How to Prevent It Next lesson → Your Consumer Protection Rights

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