Multiple Choice
Banks must meet certain requirements before they receive a charter, or permission to operate from authorities, because
A) bankers can't be trusted.
B) they own lots of money.
C) they control the companies to which they make loans.
D) there are thousands of them in the United States.
E) they deal with money belonging to other individuals and firms.
Correct Answer:
Verified
Correct Answer:
Verified
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