1-54 Which of the Following Statements Is FALSE

question 56

Multiple Choice

1-54 Which of the following statements is FALSE?

• A)A financial intermediary specializes in the production of information.
• B)A financial intermediary reduces its risk exposure by pooling its assets.
• C)A financial intermediary benefits society by providing a mechanism for payments.
• D)A financial intermediary may act as a broker to bring together funds deficit and funds surplus units.
• E)A financial intermediary acts as a lender of last resort.

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Definitions:

Abnormal Ova

Eggs (ova) produced by the ovaries that have genetic or structural abnormalities affecting fertility or development.

Cervix

The narrow passage forming the lower end of the uterus, connecting it to the vagina, and playing a crucial role in childbirth and menstrual flow.

Post-formal

Relating to or denoting cognitive development stages in adults beyond formal operational thought, including complex decision-making and understanding of paradoxes.

Logical

Pertaining to or characterized by clear, systematic reasoning or the formal principles of reasoning.