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Elodia [21]
4 years ago
6

Banks and other financial institutions of an economy are in the business of channeling funds from suppliers of financialcapital

to users of financial capital.This process is known as ____________.
A.capital transformation.
B.financial integration
.C.financial intermediation.
D.direct finance
Business
2 answers:
ziro4ka [17]4 years ago
6 0

Answer:

C. financial intermediation.

Explanation:

The financial intermediary is a process in which the bank or other financial institutions provides a service of helping to save or borrow money.

A financial intermediary also helps in facilitating the diverse needs of lenders and borrowers

The funds are raised from people who wants to deposit the money.

schepotkina [342]4 years ago
4 0

Answer:

C. financial intermediation.

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<h3><u>Explanation:</u></h3>

The document that is very formal in nature and also filled with information related to the creation of the company refers to the Articles of incorporation. It contains the details related to the name and address of the company, the type and the amount of stock that is to be issued, agent for service of process.

The document that contains the information related to the secretary of state  during the time in which the business is incorporated refers to the corporate charter. This can also be referred as  certificate of incorporation. The details in this documents may differ that depends on the size and the regulations of the company.

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8 0
3 years ago
On January 1, 2011, The Miller Corporation purchased 300,000 shares of The Mayfair Corporation for $5.7 million. The investment
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Answer:

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