Community banks are in no danger of dying out because:
A) of their trillions of dollars in assets.
B) of their expertise in small-business lending.
C) they generally operate in areas where large banks choose not to.
D) they have considerable economies of scale.
Correct Answer:
Verified
Q3: Credit unions make:
A)small personal loans.
B)automobile loans.
C)mortgage loans.
D)All
Q4: Subprime lenders include:
A)pawn shops.
B)loan sharks.
C)payday lenders.
D)All of
Q5: Low-income and high-risk borrowers may have to
Q6: A finance company:
A)underwrites large capital investments.
B)does not
Q7: The original purpose of savings institutions was
Q9: Companies that make small loans to people
Q10: Since 1984, the number of banks in
Q11: The three main types of banks are:
A)commercial,
Q12: Subprime lenders include:
A)commercial banks.
B)pawn shops.
C)credit unions.
D)All of
Q13: Community banks have less than in assets.
A)$1
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