An Advantage Credit Unions May Have Over Other Financial Institutions

question 30

Multiple Choice

An advantage credit unions may have over other financial institutions is

• A)interest-bearing chequing accounts.
• B)flexible-rate loans
• C)low-cost personal loans.
• D)credit cards.
• E)variable-rate savings plans.

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Definitions:

Kondo

Japanese, “golden hall.” The main hall for worship in a Japanese Buddhist temple complex. The kondo contained statues of the Buddha and the bodhisattvas to whom the temple was dedicated.

Yayoi Period

An era in Japanese history, from around 300 BC to 300 AD, marked by the introduction of rice agriculture, metalworking, and new pottery styles.

Pit Dwellings

Ancient or prehistoric dwellings dug into the ground and often covered with roofs, providing insulation from the environment.

Jomon Ceramics

Pottery produced in ancient Japan during the Jomon period, characterized by intricate patterns made by impressing cord into the clay before firing.