ABC Credit Union Began Offering a "Sweep Account" in Which

question 47

Multiple Choice

ABC Credit Union began offering a "Sweep Account" in which funds over $500 in a chequing account would be "swept" into a money-market, interest-bearing account until the chequing account reached $100, at which point funds from the money market account would be "swept" back into the chequing account. What type of change is this an example of?

• A) product or service
• B) radical
• C) incremental
• D) product improvement

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Definitions:

Remarriages

The act of marrying again after being divorced or widowed.

First Marriages

The initial marital union of an individual, marking their first formal commitment through marriage.

Second Marriages

Marriages that occur after one or both partners have been previously married, often involving complex emotional and logistical considerations.

Duration

The length of time that something continues or exists.