2-59 Which of the Following FIs Does Not Currently Provide

question 14

Multiple Choice

2-59 Which of the following FIs does not currently provide a payment function for their customers?

• A)Depository institutions.
• B)Insurance companies.
• C)Finance companies.
• D)Pension funds.
• E)Mutual funds.

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Definitions:

Checkers Speech

A speech given by Richard Nixon, then a vice-presidential candidate, in 1952 to address and deny allegations of improper campaign fundraising, famously referencing his family's cocker spaniel, Checkers.

Richard Nixon

The 37th President of the United States, serving from 1969 until 1974, when he became the first U.S. president to resign from office.

Television

An electronic system of transmitting moving images and sound from a source to a screen, used for broadcasting visual content to the public.

Spy Plane

An aircraft used for gathering intelligence, typically equipped with advanced surveillance technology to monitor enemy activity.