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Which of the Following Remains a Limitation on the Ability

Question 24

Multiple Choice

Which of the following remains a limitation on the ability of banks to participate in the insurance industry?


A) They are prohibited from underwriting most types of insurance.
B) They are prohibited from selling any insurance products but may sell such products to non-residents.
C) They are prohibited from selling homeowner's insurance.
D) They are prohibited from selling or promoting insurance products in their branches.

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