Savings banks

A) were first established in Scotland and England.
B) were established to encourage saving by the poor.
C) were very conservative with their funds, placing most of them in commercial banks.
D) are all of the above.
E) are only A and B of the above.


D

Business

You might also like to view...

Marsh Corporation borrowed $90,000 by issuing a 12%, six-month note payable, all due at the maturity date. After one month, the company's total liability for this loan amounts to:

a. $91,800 b. $90,900 c. $90,450 d. $90,000

Business

The method of interviewing that is one of the most popular for collecting survey data is the ________

A) telephone interview B) mail interview C) observational interview D) mall intercept interview E) in-home personal interview

Business

The direct cost for completing an activity in the shortest time it can realistically be completed in is called its ________ cost.

A. Crash B. Reserve C. Normal D. Accelerated E. Expedited

Business

In process layouts, the process facilities are shared by a wide variety of different products. Consequently, the relative positioning of the various departments is ______.

A. a compromise B. usually a perfect solution C. an expensive solution D. a quick solution

Business