Which of These Is True About the Policy a Bank

question 36

Multiple Choice

Which of these is true about the policy a bank adopts toward its investing of depositor's money?

• A) It is an expression of its philosophy of social responsibility.
• B) It is important only to the community.
• C) It has no ethical implications.
• D) It would represent its personal state of moral development.
• E) All of these.

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Definitions:

Cultural Diffusion

The dissemination of social practices and cultural values from one community to another.

Inventions

Innovations or creations that are novel and beneficial, often changing existing methods, ideas, or devices.

Authority Ranking

A social structure where individuals are ranked according to their power, status, or authority, with clear hierarchies and levels of command.

Market Pricing

The process of determining the selling price of a product or service based on supply, demand, and other market factors.