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Question
Credit unions have several advantages over banks. These include
I. Credit unions are not taxed.
II. Credit unions are better diversified than banks.
III. Credit unions can collectively pool funds.
IV. Due to regulations, credit unions have better economies of scale and scope than banks.
V. Because of their ties to employers credit unions have better personnel expertise than banks.
A. I and II only
B. I and III only
C. III and IV only
D. III, IV, and V only
E. I, III, and V only
Answer
This answer is hidden. It contains 1 characters.
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