Most Funds Received by Depository Banks Are

question 58

Multiple Choice

Most funds received by depository banks are:

• A)borrowed from the U.S. Treasury.
• B)deposits of individuals' savings.
• C)initially in the form of foreign currency.
• D)loans to the bank from businesses.

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Definitions:

Subtrades

are subcontracted businesses or individuals that specialize in specific aspects of a larger project, often in construction or manufacturing.

Contractors

Individuals or companies that undertake contract work but are not employed by the hiring company, often providing specialized services or labor.

Carburetor

A device in an internal combustion engine for mixing air with a fine spray of liquid fuel.

Consideration

A concept in contract law, referring to something of value exchanged between parties that makes an agreement legally binding.