Tim Gleason Has Set Up a Legal Agreement That Allows

question 70

Multiple Choice

Tim Gleason has set up a legal agreement that allows the First State Bank of Orlando to manage funds set aside for his daughter's college education.What type of financial service is Tim using?

• A)Payment service
• B)Savings service
• C)Borrowing service
• D)Trust service
• E)Asset management

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Definitions:

Social Explanations

Theories or reasoning that account for behaviors, phenomena, or events based on social factors and contexts.

White-Collar Crime

Non-violent criminal activities committed by individuals, typically during the course of their profession, involving deceit, fraud, or breach of trust.

Privileged Deviance

Deviant acts committed by individuals of higher social status, which often go unpunished or are treated leniently due to their position.

Organized Crime

Criminal activities that are planned and controlled by powerful groups and carried out on a large scale.