Which of the Following Is a Liability of a Bank

question 16

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 its 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

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Definitions:

Inhibited

Characterized by a restraint or suppression of action, feeling, or expression.

Inhibited Children

Children who display a consistent pattern of shyness, timidity, and fearfulness in unfamiliar situations or in response to novel stimuli.

Novelty

The quality of being new, original, or unusual.