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Choose the Word or Phrase in [ ] Which Will

question 43

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Today the differences between a commercial bank and an S&L are [minor | major].


Definitions:

Goodwill

An intangible asset reflecting the value of a company's brand, customer relations, employee morale, and other non-physical assets.

Enforce

To compel observance of or obedience to a law, rule, or obligation.

Negotiated Clause

A provision in a contract that has been specifically discussed and agreed upon by all parties involved.

Usury Statutes

Laws that set maximum interest rates that lenders can charge borrowers.

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