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Author Question: To secure a charter, the deciding bodies required which of the following from the business ... (Read 35 times)

segrsyd

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  • Posts: 530
on: Jun 30, 2018
To secure a charter, the deciding bodies required which of the following from the business enterprises?
 
  (a) A statement of business purpose and location
  (b) A business plan
  (c) A description of capital and labor requirements and expectations
  (d) All of the above

Question 2

Which of the following would be an asset on a consolidated balance sheet for a commercial bank?
 
  a. Checkable deposits
  b. Time and savings deposits
  c. Reserves held on deposit at the Federal Reserve
  d. Borrowing from the Federal Reserve


otokexnaru

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Reply #1 on: Jun 30, 2018
Answer to Question 1

(d)

Answer to Question 2

C


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