When a Bank Obtains Funds Through ____, Households Are Not

question 36

Multiple Choice

When a bank obtains funds through ____, households are not a common provider of the funds.

• A)NOW accounts
• B)retail CDs
• C)passbook savings accounts
• D)NCDs

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Definitions:

Federal Charter

A federal charter is an official authorization or establishment of an organization, corporation, or bank by the federal government, granting certain rights and privileges.

Human Rights Codes

Legal frameworks designed to protect individuals from discrimination and ensure equal rights and opportunities for all, regardless of race, gender, disability, or other protected characteristics.

Canadian Human Rights Commission (CHRC)

A government agency responsible for protecting the human rights of individuals in Canada.

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The process of gathering relevant information and evidence to ascertain truths or facts.