Which of the Following Is a Nondepository Institution

question 84

Multiple Choice

Which of the following is a nondepository institution?

• A) A commercial bank
• B) A credit union
• C) A consumer finance company
• D) A savings and loan association (S&L)
• E) A savings bank

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Definitions:

Emancipation

The act of being freed from slavery, bondage, or other forms of control or oppression.

Erie Canal

A significant waterway in New York, opened in 1825, that connected the Great Lakes with the Atlantic Ocean, facilitating trade and settlement.

Farmers Migrating

The movement of agricultural workers and farmers from rural areas to urban ones or from one country to another, often in search of better farming opportunities or in response to environmental and economic pressures.

William Findlay

A political figure or personage, without more context, clarification needed for specific identification.