Which of the Following Financial Intermediaries Are Depository Institutions

question 6

Multiple Choice

Which of the following financial intermediaries are depository institutions?

• A) A savings and loan association
• B) A commercial bank
• C) A credit union
• D) All of the above
• E) Only A and C of the above

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Definitions:

Consignor

An entity that owns goods stored, shipped, or consigned to another party (the consignee) to sell.

Consignee

The name for the retailer in a consigned inventory arrangement.

Net Income

The company's earnings remaining after deducting all expenses, including taxes and operational costs, from its overall revenue.

Security Measures

Procedures or actions taken to enhance the safety and protect the assets of individuals or businesses from various threats.