Whereas Commercial Banks Take Deposits from Some Customers and Make

question 1

True/False

Whereas commercial banks take deposits from some customers and make loans to other customers, the principal activities of investment banks are (1) to help firms issue new stock and bonds and (2) to give firms advice with regard to mergers and other financial matters.However, financial corporations often own and operate subsidiaries that operate as commercial banks and others that are investment banks.This was not true some years ago, when the two types of banks were required by law to be completely independent of one another.

---

Definitions:

Role

The function or part played by a person or thing in a particular situation or context.

Cholesterol

A waxy, fat-like substance that's found in all the cells in your body, which is necessary for making hormones, vitamin D, and substances that help digest foods.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, heart attack, and stroke, among others.

Measurement

The process of quantifying or evaluating characteristics, properties, or performance using instruments or techniques.