A Savings and Loan Association (S&L) Is a Financial Institution

question 128

True/False

A savings and loan association (S&L) is a financial institution that accepts both savings and checking deposits and provides home mortgage loans.

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Definitions:

Macroevolution

Large-scale evolutionary changes that occur over geological time, leading to the emergence of new species and broader taxonomic categories.

Speciation

The evolutionary process through which new biological species arise due to the divergent evolution of populations that become reproductively isolated from each other.

Dominance

In genetics, the phenomenon where one variant of a gene (allele) masks or overrides the expression of a different allele at the same locus.