Through risk-sharing activities, a financial intermediary ________ its own risk and ________ the risks of its customers
A) reduces; increases
B) increases; reduces
C) reduces; reduces
D) increases; increases
B
Business
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Which of the following statements about fraternal benefit societies is NOT correct?
A) They are exempt from the licensing requirements if they provide insurance benefits to their members only. B) They are nonprofit societies that have a representative form of government. C) They do not have capital stock. D) They operate on a lodge system."
Business
A ________ studies events that happened in the past, with the hope of learning how to avoid similar failures in the future
A) market analysis report B) due diligence report C) failure analysis report D) feasibility report E) business plan
Business