Which of the Following Is a Difference Between Credit Unions

question 8

Multiple Choice

Which of the following is a difference between credit unions and commercial banks?

• A) Unlike commercial banks, credit unions are not-for-profit organizations.
• B) Unlike credit unions, commercial banks are nondepository organizations.
• C) Unlike credit unions, commercial banks are owned by their depositors.
• D) Unlike commercial banks, credit unions charge very high interest rates on loans.

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Definitions:

Flexor

A type of muscle that decreases the angle between bones on two sides of a joint, allowing limbs to be bent.

Epitrochlearis

A muscle in some mammals that assists in the movement of the forearm, not typically found or well-defined in humans.

Palmaris Longus

A muscle in the forearm that aids in flexing the wrist and tenses the palmar fascia.

Depress

To lower in amount, degree, or intensity; often used in terms of lowering mood or suppressing an activity.