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Question
A consumer lending function is performed by each of the following FIs EXCEPT
A. mutual funds.
B. finance companies.
C. pension funds.
D. depository institutions.
E. insurance companies.
Answer
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Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
B. mandated federal insurance company charters.
C. stipulated that insurance companies are to be regulated at the state level.
D. initiated a national insurance guaranty fund.
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The surrender value of an insurance policy is
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B. Pure arbitrage.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
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Which of the following would be a key area of activity for an investment bank specializing in the commercial side of the business?
A. Purchase of existing securities.
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Market making involves creating a primary market in a financial asset.
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It is impossible for an individual to be approved for a finance company loan with a bankruptcy on their record.
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