Which of the following is a major difference between Internet banks and traditional banks?
A) The government does not regulate Internet banks.
B) Traditional banks are prohibited from having ATMs.
C) Internet banks have lower overhead costs.
D) Traditional banks offer less personal care and attention to customers.
Correct Answer:
Verified
Q253: Designed to create more confidence in banking
Q257: The _ insures deposits held in credit
Q264: For banks, check-processing activities
A) still represent the
Q270: On payday, employers can designate their banks
Q273: Barry has $22,000 in a savings account
Q276: Alfredo banks at a commercial bank that
Q280: Tracing the causes of the recent banking
Q281: _ currently provides for regulating international banking
Q281: A _ represents an unconditional agreement by
Q283: Which of the following is a bank
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents