Correspondent Banking Is a Relationship Between

question 57

Multiple Choice

Correspondent banking is a relationship between:

• A)banks in two different countries
• B)a commercial bank and an investment bank in which the investment bank provides a number of deposit, lending and other services
• C)a small bank and a large bank in which the large bank provides a number of deposit, lending and other services
• D)a large bank and non-banking financial institution

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Definitions:

Unstated Premise

An implicit assumption in an argument that is not directly expressed but is necessary for the argument's conclusion.

O Proposition

A type of categorical proposition that denotes some S are not P, where S stands for the subject and P for the predicate.

Enthymeme

A syllogism in which one of the premises is implicit or assumed rather than explicitly stated.

Hedge Fund

A pooled investment fund that employs different strategies to earn active return, or alpha, for their investors.