Financial institutions that accept deposits (that are insured) from individuals and provide loans are called
A) finance companies.
B) depository institutions.
C) investment companies.
D) deposit clearing corporations.
Correct Answer:
Verified
Q36: There is no real difference between the
Q39: The difference between a bank and a
Q40: A guaranteed investment certificate guarantees or locks
Q42: The time between writing a cheque and
Q43: Web-based banks may charge less in fees
Q44: Debit cards are more likely to be
Q45: A bank does not charge a penalty
Q46: Which of the following is a non-profit
Q79: Because they have lower expenses, Web-based financial
Q86: Investments with a higher risk of default
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