Commercial Banks in Canada Are Prohibited by Law from

question 117

Multiple Choice

Commercial banks in Canada are prohibited by law from

• A)accepting demand deposits.
• B)issuing paper currency.
• C)lending money to households and firms.
• D)accepting term deposits.
• E)settling inter-bank debts through a clearinghouse.

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Definitions:

Distinct Personalities

Refers to the presence of two or more separate and consistent identities or personality states within a single individual.

Schizophrenic

A reference to someone who has schizophrenia, a serious mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Dissociative Identity Disorder

Dissociative Identity Disorder, formerly known as multiple personality disorder, is a severe form of dissociation characterized by the presence of two or more distinct personality states or identities within a single individual, accompanied by the inability to recall personal information beyond what is expected through normal forgetfulness.

Dissociative

Referring to a disruption or discontinuity in the normal integration of consciousness, memory, identity, emotion, perception, body representation, motor control, and behavior.