Which of the Following Is a Liability of a Bank

question 394

Multiple Choice

Which of the following is a liability of a bank and an asset of its customers?

• A)deposits of its customers and loans to it customers
• B)deposits of its customers but not loans to its customers
• C)loans of its customers but not the deposits of its customers
• D)neither the deposits of its customers nor the loans to its customers

---

Definitions:

Iced Tea

A chilled beverage made by cooling brewed tea and typically served with ice, sometimes sweetened or flavored.

Complementary Goods

Products or services that are typically consumed together, such that demand for one increases demand for the other.

Coffee

A brewed drink prepared from roasted coffee beans, which are the seeds of berries from the Coffea plant, and is one of the most popular beverages globally.

Lawnmowers

Equipment used in the maintenance of lawns and gardens that cuts grass to an even height, available in various types including push, riding, and robotic mowers.