Typically,a Bank's Largest Asset Is Its

question 172

Multiple Choice

Typically,a bank's largest asset is its

• A)reserves.
• B)holdings of securities.
• C)deposits of its customers.
• D)loans.

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Definitions:

Appeal to Authority

A logical fallacy that occurs when someone argues that a claim is true simply because an expert or authority asserts it to be true, without further evidence.

Mechanic

A professional who applies technical knowledge to repair, maintain, and sometimes construct machinery, vehicles, or other mechanical systems.

Rain

Precipitation in the form of water droplets that falls from clouds in the sky to the earth's surface.

Ad Hominem

A fallacy that attacks the person making an argument rather than addressing the argument itself.