Which of the Following Is Not a Function of a Depository

question 166

Multiple Choice

Which of the following is not a function of a depository institution?

• A)serving as a financial intermediary
• B)providing expertise on loans
• C)acting as a stockbroker
• D)reducing the risk of savers
• E)linking savers and borrowers

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Definitions:

Deductive Argument

A reasoning method where the outcome is derived from the agreement of several assumptions, which are usually considered accurate.

Logic

The study of principles of reasoning, especially of the structure of propositions and the nature of deductive inference.

Validity

The quality of being logically or factually sound; the extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world.

Truth

The quality or state of being in accordance with fact or reality; it is often considered to be the ultimate standard by which reality is judged.