Multiple Choice
A bank which manages the investment portfolio and pays the bills of an elderly customer who is unable to do it for him or herself is carrying out the __________ of banks.
A) intermediation role
B) payment role
C) guarantor role
D) agency role
E) policy role
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q29: The Charleston Southern Bank makes loans for
Q30: Banks that sell deposits and make loans
Q31: A(n)_ offers loans to commercial enterprises (such
Q32: Which of the following has been an
Q33: Banks which offer virtually all financial services
Q35: Early European banks were places for safekeeping
Q36: When a local merchant sells the accounts
Q37: The role performed by banks in the
Q38: Which of the following types of banks
Q39: A study of history shows that one