Question 8 (1 point) Which of the following is NOT considered a BIG ticket item? Cars b Food House Kids Question 9(1 point) A legal process in which a court takes over some of the finance unable to pay his or her bills. budgeting b bankruptcy savings d interest Question 10 (1 point) It is a good idea to have many credit cards? OTrue OFalse

## Step1<br />For question 8, we need to identify which of the given options is not considered a big ticket item. Big ticket items are typically large, expensive purchases that require a significant amount of money. In this case, cars, food, and houses are all considered big ticket items because they require a substantial amount of money to purchase. However, kids are not considered a big ticket item because they are not a purchase, but rather a responsibility or a life event.<br /><br />## Step2<br />For question 9, we need to identify the term that describes a legal process where a court takes over someone's finances because they are unable to pay their bills. The term for this is bankruptcy. Budgeting, savings, and interest do not describe this situation.<br /><br />## Step3<br />For question 10, we need to determine whether it is a good idea to have many credit cards. Generally, it is not a good idea to have many credit cards because it can lead to overspending and financial difficulties. Therefore, the statement is false.