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Questions and Answers
Commercial banks use deposited funds to provide commercial loans to firms and personal loans to individuals.
Commercial banks use deposited funds to provide commercial loans to firms and personal loans to individuals.
True (A)
Insurance companies invest the proceeds from insurance premiums in securities until needed to pay off claims by policyholders.
Insurance companies invest the proceeds from insurance premiums in securities until needed to pay off claims by policyholders.
True (A)
Insurance companies primarily invest in real estate with the proceeds from insurance premiums.
Insurance companies primarily invest in real estate with the proceeds from insurance premiums.
False (B)
Financial institutions only focus on providing banking services and do not deal with insurance or investment management.
Financial institutions only focus on providing banking services and do not deal with insurance or investment management.
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Commercial banks do not attempt to influence the management of firms in which they own stocks or bonds.
Commercial banks do not attempt to influence the management of firms in which they own stocks or bonds.
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