Since 1980,the Number of Credit Unions Has ________

question 57

Multiple Choice

Since 1980,the number of credit unions has ________.

• A) declined substantially
• B) remained steady
• C) increased substantially
• D) increased slightly

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Definitions:

Tennessee Court Of Appeals

An intermediate appellate court in Tennessee that reviews decisions from lower courts.

Lease

A contractual agreement where one party, the lessor, grants the other party, the lessee, the right to use an asset for a specified period in exchange for payment.

Illusory Promise

A statement that appears to be a promise but, upon closer examination, offers no commitment or assurance to act.

Option Contract

An agreement whereby the offeree gives the offeror a piece of consideration in exchange for the offeror’s agreement to hold the offer open for the specified period of time.