Kyle Uses a Local Financial Institution for His Banking Needs

question 57

Multiple Choice

Kyle uses a local financial institution for his banking needs such as a checking and savings account. When he asks the manager what the money he has deposited is used for, the manager explains that the institution deals primarily with consumer loans and home mortgage loans. Anyone can open an account at this institution. This describes a

• A) commercial mutual bank.
• B) mutual funds bank.
• C) credit union.
• D) savings and loan association.
• E) national bank.

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Definitions:

Conversational Ritual

Patterns or practices followed during communication that serve to establish or maintain social bonds.

Rapport Talk

Talk focused on sharing information about relationships.

Relationship Information

Data or details that describe the nature of interactions, connections, or associations between individuals or entities.

Low-Context

refers to communication styles where messages are explicit, direct, and detailed, typically requiring less interpretation based on contextual clues.