Which of the following is true of merchant banking in the fifteenth century?

Question

Quizplus · Accepted Answer

In the fifteenth century, merchant banking offered services such as checking accounts, shareholding companies, moneychanging, loans, and investments. This was not restricted to any particular group like the clergy, nor were there any specific restrictions on lending for warfare. While Jews were indeed prohibited from moneylending for religious reasons, this is not directly related to merchant banking in the fifteenth century. Additionally, Florence was actually a center of merchant banking during this time, so option B is incorrect.

Which of the Following Is True of Merchant Banking in the Fifteenth