A Bank That Wants to Monitor the Check Payment Practices

question 133

Multiple Choice

A bank that wants to monitor the check payment practices of its commercial borrowers,so that moral hazard can be prevented,will require borrowers to

• A) place a bank officer on their board of directors.
• B) place a corporate officer on the bank's board of directors.
• C) keep compensating balances in a checking account at the bank.
• D) purchase the bank's CDs.

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Definitions:

1896 Presidential Campaign

The United States presidential election of 1896, where Republican William McKinley defeated Democrat William Jennings Bryan, influenced by economic issues.

Political Impact

The effect that political actions, decisions, and policies have on a community, country, or global relations.

Economic Impact

Refers to the effect of an event, policy, or market trend on the economy, including factors like employment, income, and overall economic growth.

Farmers' Grievances

Complaints by farmers about issues affecting their livelihood, such as unfair prices, high taxes, and lack of governmental support.