Solved

A___________ Accepts Both Demand and Time Deposits and Primarily Makes

Question 13

Multiple Choice

A___________ accepts both demand and time deposits and primarily makes loans directly to both individual and business borrowers or through the financial markets.


A) trust company
B) credit union
C) commercial bank
D) mutual fund

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: The_ is created by a number of

Q9: A firm has an outstanding issue of

Q10: The _is created by a financial relationship

Q11: The significant portion of the return on

Q12: All of the following are examples of

Q14: A_ accepts deposits and makes loans, and

Q15: The opportunity for management to purchase a

Q16: The major securities traded in the capital

Q17: All of the following are services provided

Q18: All of the following are examples of