Liabilities of Banks Include

question 91

Multiple Choice

Liabilities of banks include:

• A) reserves.
• B) currency in the hands of the public.
• C) loans to customers.
• D) demand deposits.

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Definitions:

Employers

Employers are individuals or businesses that hire and pay employees for services rendered, holding responsibility for providing a safe work environment and complying with labor laws.

Employees

Individuals who work for another person or for a company in return for financial or other compensation.

Self-employed Persons

Individuals who operate their own businesses or work for themselves, taking on the associated responsibilities and risks.

Title VII

Part of the Civil Rights Act of 1964, prohibiting employment discrimination based on race, color, religion, sex, or national origin.