An organization that sells shares in their firms to individuals and others and invests the proceeds in corporate and government securities is called a(n)
A) investment company.
B) investment bank.
C) insurance company.
D) brokerage firm.
Correct Answer:
Verified
Q88: _ accept savings from individuals and then
Q89: Investment companies (mutual funds), investment banking firms,
Q90: _ collect premiums on insurance policies and
Q91: _ accept savings from individuals and then
Q92: _ accept the savings of individuals and
Q94: _ sell or market new securities issued
Q95: _ collect premiums on insurance policies and
Q96: _ are the two important forms of
Q97: _ are cooperative nonprofit organizations that exist
Q98: _ provide loans directly to consumers and
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