Financial institutions that are formed under a trust deed and attract funds by inviting the public to buy units are:
A) finance companies
B) building societies.
C) unit trusts.
D) life insurance offices.
Correct Answer:
Verified
Q3: A financial intermediary that receives premium payments
Q4: Both real and financial assets have four
Q5: Financial institutions that raise the majority of
Q6: Institutions that specialise in off-balance-sheet advisory services
Q7: Short selling is:
A) the sale of a
Q9: The role of money as a store
Q10: Money increases economic growth by assisting transfers
Q11: Which of the following is NOT associated
Q12: A savings-surplus unit is an entity:
A) that
Q13: The exchange of goods and services is
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