Solved

Nick Rodr Gets a Loan from the First State Bank

Question 42

Multiple Choice

Nick Rodr gets a loan from the First State Bank of Guthrie to purchase a new refrigerator for his condo.What service that a bank provides is he taking advantage of?


A) Risky arbitrage services
B) Liquidity services
C) Delegated monitoring services
D) Divisibility of money services
E) Credit services

Correct Answer:

verifed

Verified

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

Related Questions