Match the Intermediary with the Characteristic That Best Describes Its

question 13

Multiple Choice

Match the intermediary with the characteristic that best describes its function.
I. Provide protection from adverse events.
II. Pool funds of small savers and invest in either money or capital markets.
III. Provide consumer loans and real estate loans funded by deposits.
IV. Accumulate and transfer wealth from work period to retirement period.
V. Underwrite and trade securities and provide brokerage services.
1. Thrifts
2. Insurers
3. Pension funds
4. Securities firms and investment banks
5. Mutual funds

• A)1,3,2,5,4
• B)4,2,3,5,1
• C)2,5,1,3,4
• D)2,4,5,3,1
• E)5,1,3,2,4

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Definitions:

Server System

A computer system or software that provides services, data, or resources to other computers, known as clients, over a network.

Merchantable Quality

Refers to the basic level of quality and functionality that consumers can reasonably expect from a specific good being sold.

Warranty

A guarantee, typically provided by a manufacturer or seller, assuring certain conditions or qualities of a product or service.

Security Interest

A legal claim on assets granted to a creditor to secure a loan, providing the creditor rights to the collateral if the debtor defaults.