Credit Unions are examples of: Group of answer choicesPrivate CompaniesNon-profit OrganizationsPublic CompaniesGovernment Agencies

Which of these financial institutions is least like the others?Group of answer choicescommercial or private banksinvestment banksforeign bankscredit unionssavings and loans associations

What government agency lends money to small businesses that are unable to obtain a loan from at least two banks?ResponsesCredit UnionsCredit UnionsFederal Deposit Insurance CorporationFederal Deposit Insurance CorporationVenture CapitalistsVenture CapitalistsSmall Business Administration

2. Which of the following statements about credit unions and building societies is true?a) They often draw their membership from a particular industry or section of thecommunity.b) They are generally major public companies with millions of shareholders, many ofwhom are not customers.c) All members are paid a share of any profits that are made.d) They are permitted to make small loans to members but cannot provide financefor home or property purchases.

A company decides to contract its payroll services to a local financial organization. This is an example of _____.Group of answer choicesoffshoringco-workingoutsourcinglicensingfranchising

A financial institution that accepts deposits, makes loans, and provides other services as a nonprofit organization is called a:A.retail bank.B.credit union.C.payday lender.D.title pawn lender.SUBMITarrow_backPREVIOUS