Which of the following is NOT included in the call report filed by a commercial bank?

A. A report on a bank's assets
B. A report on a bank's liabilities
C. A report on a bank's compliance with the Fair Lending Act
D. A report on a bank's profits


Answer: C

Business

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Which of the following is a false assumption made by many salespeople?

A. Price is the only factor in a buying decision. B. Unimportant benefits should be deemphasized. C. Benefits are very important to buyers. D. Psychological factors influence buying decisions. E. Wants and needs motivate buying decisions.

Business

Which of the following is true of an undisclosed agency?

A) The third party has no knowledge of the agency. B) The third party knows the agent, not the principal. C) All transactions with the third party are made by the principal without involving the agent. D) Transactions under such an agency are considered unlawful.

Business

The extent to which a country is connect to other cultures is referred to as

A. homiphily. B. modernity. C. complexity. D. cosmopolitanism. E. compatibility.

Business

No-fault insurance is a clause in all family auto policies that permits the insured to collect from his or her own insurer only when neither party to the accident is at fault

Indicate whether the statement is true or false.

Business