One Way That a Bank Could Offer Non-Bank Services Across

question 4

Multiple Choice

One way that a bank could offer non-bank services across more than one state was to:

• A) file for a foreign bank charter.
• B) be a federally chartered bank rather than a state chartered bank.
• C) create a bank holding company.
• D) become a central bank.

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Definitions:

Factor Of Production

Resources used in the creation of goods and services, traditionally categorized into land, labor, capital, and sometimes entrepreneurship.

Fertilizer

A chemical or natural substance added to soil or land to increase its fertility and enhance plant growth.

Pumpkins

A type of squash plant producing large, typically orange, edible fruits associated with fall festivities and cooking.

Factors Of Production

The economic resources used in the production of goods and services, including land, labor, capital, and entrepreneurship.