All national banks (commercial banks chartered by the Office of the Comptroller of the Currency) are required to become ________________ of the Federal Reserve System.

Work on a new dwelling was started on July 1. On August 1, the builder placed on record a mortgage. On September 1, work was completed and on October 25, the general contractor, not having been paid, files a mechanic's lien. Said lien has an effective date as of:

a. July 1 b. August 1 c. September 1 d. October 25

Fifty percent of the market is in the hands of Company A, 30 percent is in the hands of Company B, 15 percent is in the hands of Company C, and the remaining 5 percent is in the hands of Company D

Based on these hypothetical numbers, Company B is the market ________. A) leader B) challenger C) follower D) nicher E) maven