If You Have a Savings Account at a Bank,you Participate

question 111

Multiple Choice

If you have a savings account at a bank,you participate in the loanable funds market as a

• A) borrower.
• B) buyer.
• C) borrower and a lender.
• D) buyer and a seller.
• E) lender.

---

Definitions:

Partnership Agreement

A contract between partners in a partnership, detailing the terms of the relationship, distribution of profits, and the management of the partnership.

Partnership Losses

Financial setbacks attributed to the operational or investment activities of a partnership that are shared among the partners according to their agreement.

Capital Contributions

Monetary or non-monetary assets provided by an owner or partner to increase the capital of a company or partnership.

General Partnership

A business structure where two or more partners share unlimited liability for the debts and obligations of the business.