Which of the Following Are the Three Basic Ways of Lending

question 168

Multiple Choice

Which of the following are the three basic ways of lending unsecured, short-term funds by commercial banks?

• A) mortgage-backed securities, T-bonds, and commercial paper
• B) single-payment note, lines of credit, and revolving credit agreements
• C) T-bills, municipal bonds, and commercial paper
• D) commercial paper, real estate bonds, and corporate bonds

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Definitions:

Perspective

A specific perspective or manner of looking at something; an outlook.

Egocentrism

In developmental psychology, it refers to the inability of children in the preoperational stage to see any point of view other than their own.

Cognitive Flexibility

The mental ability to switch between thinking about two different concepts, or to think about multiple concepts simultaneously.

Transductive Reasoning

A form of reasoning where conclusions are drawn based on specific examples or instances, rather than through abstract logic, prevalent in young children.