The Spotlight on Small Business box tells a story about a relatively new business in Austin,TX,called the Mango Store.Customers can cash paychecks and utilize a number of electronic methods such as debit cards and ATM machines to manage their funds.The popularity of this business is due to an ongoing need.Which of the following describes the situation?
A) At least ¼ of American households do not have bank accounts.
B) The growing uncertainty of bank regulations and their ability to insure the safety of deposits.
C) Banks continually expect Americans to check bank balances via computers.For those who do not own computers,there is a need for a service to check bank balances.
D) ATMs are so heavily in demand,and there are not enough companies who service them for banks.
Correct Answer:
Verified
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