Solved

Institutions That Accept Deposits from Individuals and Organizations,against Which Depositors

Question 22

Multiple Choice

Institutions that accept deposits from individuals and organizations,against which depositors can write checks on demand for their market transactions and that use these deposits to make loans are called:


A) depository institutions.
B) financial market institutions.
C) insurance companies.
D) none of the above.

Correct Answer:

verifed

Verified

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

Related Questions