Privately-Owned Firms That Accept Deposits from Individuals and Businesses and Use

question 66

Multiple Choice

Privately-owned firms that accept deposits from individuals and businesses and use those deposits to make loans are called:

• A)mortgage banks.
• B)brokerage firms.
• C)commercial banks.
• D)investment banks.

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Definitions:

TAB Key

A key on a keyboard used to advance the cursor to the next tab stop, indent lines, or navigate through fields in a form.

Modified Block

A format for business letters where the text is left-aligned, except for the date and closing, which are tabbed to the center or right.

Letter Style

A specific format or template for writing letters, often including elements like address placement, greeting, and signature.

Flush Margin

This refers to text that is lined up along the left margin in a document, creating a uniform edge.