Examlex

Solved

Which of the Following Is NOT a Company That Collects

question 40

Multiple Choice

Which of the following is NOT a company that collects information on individual borrowers and sells it to savers?

Reconcile checkbook balances with bank statements, accounting for outstanding transactions.
Plan regular savings contributions to achieve short-term and long-term financial goals.
Solve problems involving regular deposits and interest compounding for growing savings.
Understand the composition and the most common elements of the Earth's crust and mantle.

Definitions:

Life Insurance Companies

Financial institutions that provide compensations to beneficiaries upon the insured individual's death, offering financial security and risk management.

Medical Check-up

A comprehensive health evaluation, usually involving various tests, to assess an individual's physical condition and detect any health issues.

Adverse Selection

A situation where sellers have more information than buyers leading to the selection of lower-quality goods or high-risk individuals in markets.

Used Motorcycles

Previously owned motorcycles that are available for purchase, often at a lower price compared to new models.

Related Questions