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Lisa [10]
4 years ago
7

The Financial Services Modernization Act allowed bank holding companies to open insurance underwriting affiliates and allowed in

surance companies to open banks.
True/False
Business
1 answer:
tangare [24]4 years ago
6 0

Answer:

The correct answer to the following question will be "True".

Explanation:

  • Towards the latter half of the 20th century, various banking and financial–investment banking, corporate finance, and insurance became more and more intertwined.
  • It required banks to hold organizations to establish associated insurance firms and authorized insurers to operate banking.

Therefore, the given statement is True.

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For probation, the defendant will meet certain requirements, which usually include reporting to a probation officer on a regular
ohaa [14]
<span>When one is on probation for violating the law, all of the following are correct. They must report to the probation officer to ensure they are still being lawful and to address any concerns they are having, they must hold a steady job to ensure they are being a contributing member of society, and they may have to pay fines or restitution based on what their violation was.</span>
8 0
4 years ago
Read 2 more answers
You report to Sofia Cardenas-Bratton, the Marketing Manager for Klamath, but she confesses that her experience with social media
4vir4ik [10]

The order in which I would tackle these blogs are: buying a house, improving your credit score, and the advantages of community banks.

Since the blogs are meant to benefit the customers of Klamath the most, the first issue to tackle is on the purchase of a house, which is always rated high by customers.

The purchase of a house will also help to improve the credit scores of customers because customers who own their houses attract higher credit scores than those without houses of their own.

Then, the issue of credit scores will be tackled in the next blog, followed by the advantages of community banks vs. large banks.

Thus, tackling this blog dealing on an issue that is very dear to customers will be the first before other issues are tackled.

Learn more about a blogger in social media here: brainly.com/question/14757365

4 0
3 years ago
On January 1, Year 1, Chaco Company sold $300,000 of 10% twenty-year bonds. Interest is payable semiannually on June 30 and Dece
Andrei [34K]

Answer:

The amount of effective interest expense that chaco will record in the first six months is $14,375

Explanation:

interest payment that will be first made is on June 30, Year 1. Therefore, the outstanding balance used in the calculation is the issue price.

The interest expense is calculated by these formula

Interest expense = Effective semiannual interest rate × Outstanding balance

Interest expense = (8% ÷ 2) × $359,378 = $14,375

So the interest expense is gotten as %14,375

8 0
3 years ago
Read 2 more answers
The liquidity approach to measuring money defines the M2 money supply as A. near monies. B. currency plus travelers checks and c
tatiyna

Answer:

The correct answer is C. M1 plus near monies.

Explanation:

The liquidity approach emphasizes the role of money as a store of value and downplays the role it plays as a means of payment. To assess the amount of money emphasizes that the essentially distinctive property of money is that it is the most liquid of assets.

The strict money supply or circulating medium (M1), which defines money as the money in the hands of the public and demand deposits (DV) is the usual most accepted formula as money. Therefore, money in the strict sense is listed as such in the monetary statistics of the International Monetary Fund (IMF) and many other financial institutions around the world.

7 0
4 years ago
Consider the market for mobile applications, smartphones, and conventional phones. For each pair, identify whether they are comp
oee [108]

Answer:

Mobile Applications and Smart Phones are Complements

Smart Phones and Conventional Phones are Substitutes

Mobile Applications and Conventional Phones are substitutes.

Explanation:

Complement goods are goods that can be used or consumed together. E.g. car and gas. A car would not work without gas. A rise in price of a good leads to a fall in demand of the complement good.

Subsituite goods rival one another in consumption. They can be used in place of another good.

A rise in price of a good leads to a rise in demand of the other good.

I hope my answer helps you

7 0
4 years ago
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