Which of the Following Is Not an Advantage of Credit

question 11

Multiple Choice

Which of the following is not an advantage of credit unions?

• A) They can offer attractive rates to their member savers and borrowers because they are nonprofit and therefore are not taxed.
• B) Their noninterest expenses are relatively low, because their labor, office, and furniture are often donated or provided at a very low cost through the affiliation of their members.
• C) Their large membership allows them to effectively diversify geographically.
• D) All of the above are advantages of credit unions.

---

Definitions:

Animal-type Phobia

An intense, irrational fear of animals that can cause significant distress or impairment in social, occupational, or other important areas of functioning.

Social Anxiety Disorder

A chronic mental health condition where social interactions cause irrational anxiety, fear, self-consciousness, and embarrassment.

Agoraphobia

An anxiety disorder that involves an extreme or irrational fear of entering open or crowded places, leaving one's own home, or being in places from which escape might be difficult.

Natural Environment Type Phobia

Anxiety disorders characterized by excessive fear of specific natural environments or situations.