Depository Institutions Undertake All the Following Activities Except They Do

question 379

Multiple Choice

Depository institutions undertake all the following activities except they do not _ _.

• A) print money
• B) create liquidity
• C) minimize the cost of monitoring borrowers
• D) pool risk

---

Definitions:

De Facto Corporation

A business that operates as if it were a corporation although it has not completed the formalities required for legal incorporation.

Organization Meeting

An initial meeting held to complete the formation of an entity, where bylaws are adopted, officers elected, and other organizational matters decided.

Corporate Powers

The legal rights and authorities that a corporation possesses, including entering contracts, owning property, and conducting business activities.

Transfer Restriction

Legal limitations or conditions placed on the transferability of an asset or security.