Because of the abuses by state banks and the clear need for a central bank to help the federal government raise funds during the War of 1812, Congress created the

A) First Bank of the United States in 1812.
B) Bank of North America in 1814.
C) Second Bank of the United States in 1816.
D) Federal Reserve System in 1813.


C

Business

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For the insurance to be valid, the required insurable interest in life insurance contracts must exist:

A. at the time the policy was issued. B. throughout the term of the policy. C. at the time the loss occurs. D. before the loss occurs.

Business

Which of the following includes all the activities necessary to convert raw materials into a good or service and put it in the hands of the consumer or business customer?

A) the supply chain B) the value chain C) the channel of distribution D) the retailer chain E) the industrial network

Business

The SEC would like to adopt some new rules to protect investors. What factors should it consider as part of the administrative process?

Business

What are time fences? Why are they used?

What will be an ideal response?

Business