Question 31 1 out of 1 points_____ allow consumers to perform an ever-widening array of financial transactions from their personal or work computers.
Selected Answer: Online banking servicesAnswers: Automated teller machinesMagnetic stripe readersOnline banking servicesCredit card terminalsAutomated clearinghouses
Question 32 1 out of 1 points_____ are businesses that offer short-term loans at substantially higher rates of interest than banks.

Question 33
1 out of 1 points
A credit union is owned and controlled by the government.
Question 34
1 out of 1 points
Which of the following is a peer-to-peer lender?
Question 35

0 out of 1 points
_____ are similar to interest-bearing checking accounts, but with more restrictions.
Selected Answer: Current accountsAnswers: Savings accountNegotiable Order of Withdrawal accountsMoney market accountsChecking accountsCurrent accounts
Question 36 0 out of 1 pointsA checking account at a credit union is commonly referred to as a(n) _____.
Question 37 1 out of 1 points_____ are businesses that protect their clients against financial losses from certain specified risks in exchange for a fee, called a premium.

Question 38
1 out of 1 points
Finance companies buy and sell stocks and bonds for their customers.
Question 39 1 out of 1 pointsIf a person invests in a firm that pools funds from a large number of people and buys and professionally manages stock from a number of diversified companies, that person is investing in a(n):
Selected Answer: mutual fund.Answers: individual retirement account.time deposit.mutual fund.certificate of deposit.banker's acceptance.
Question 40

1 out of 1 points
Why are credit cards a popular substitute for cash payments?


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- Fall '16
- carey winset
- Business, Balance Sheet