When a customer Deposits money with a bank, the customer becomes a
A)Borrower
B)Lender
C)Agent
D)Subsciber

Name: When a customer Deposits money with a bank, the customer becomes a A)Borrower B)Lender C)Agent D)Subsciber
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Question

Quizplus · Accepted Answer

When a customer deposits money with a bank, the customer is essentially lending money to the bank. Therefore, in this relationship, the customer is the lender, as the bank will use these funds and typically pay interest to the customer.

When a Customer Deposits Money with a Bank, the Customer