Which of the following is true of merchant banking in the fifteenth century?
a. Jews were prohibited from moneylending for religious reasons.
b. Florence lagged behind the rest of the Latin West.
c. Checking accounts, shareholding companies, moneychanging, loans, and investments were offered as services.
d. Services were only offered to the clergy.
e. No money could be lent for the purpose of warfare in accordance with the Banker Agreement of 1499.
ANSWER:
c
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