Which of the Following Is Not a Financial Intermediary

question 21

Multiple Choice

Which of the following is not a financial intermediary?

• A) a mutual fund
• B) an insurance company
• C) a real estate brokerage firm
• D) a savings and loan company

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Definitions:

Corporate Debtors

Businesses that owe money to creditors and are responsible for repaying debt.

Reaffirmation Agreement

A legal document filed in bankruptcy proceedings where the debtor agrees to repay a portion or all of an outstanding debt.

Bankruptcy

A legal process allowing individuals or businesses that cannot meet their financial obligations to eliminate or repay their debts under the protection of the law.

Discharged

This term refers to the process by which an obligation or debt is formally nullified or released, such as when a bankruptcy court discharges a debtor's obligations.