An organization that provides loans directly to consumers and businesses or aid individuals in obtaining financing for durable goods is called a(n)
A) commercial bank.
B) investment bank.
C) savings and loan.
D) finance company.
Correct Answer:
Verified
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
Q100: Major types of depository institutions include all
Q101: Commercial banks obtain the bulk of their
Q102: The Bank of North America
A) was the
Q103: The most basic functions of depository institutions
Q104: Major types of securities firms include all
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