Multiple Choice
Before offering any financial service to the public,a bank in the United States must have a:
A) certificate of deposit insurance.
B) charter of incorporation.
C) list of established customers.
D) new building constructed to be the bank's permanent home.
E) None of the options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q61: Agency theory suggests that bank management will
Q62: In theory,if an interstate organization can acquire
Q63: State-chartered banks in the United States represent
Q64: A(n)_ is a corporation chartered for the
Q65: Over half of all U.S.states today limit
Q67: Member banks are:<br>A)members of the FDIC.<br>B)national banks.<br>C)unit
Q68: Community banks are usually smaller banks that
Q69: _ is the idea that as the
Q70: Less than 10 percent of the largest
Q71: Many experts believe that lower agency costs