8. What are the differences between banks and credit unions? (LO 3-3) a. Banks pay federal income...

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8. What are the differences between banks and credit unions? (LO 3-3)

a. Banks pay federal income tax, while credit unions do not.

b. Banks are owned by stockholders, while credit unions are owned by members.

c. Credit unions offer share draft accounts, while banks offer demand deposit accounts.

d. All of these

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Personal Finance Building Your Future

ISBN: 9780077861728

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Authors: Robert Walker, Kristy Walker

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Question Posted: Jul 26, 2024 03:00 AM

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8. What are the differences between banks and credit unions? (LO 3-3) a. Banks pay federal income...

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Personal Finance Building Your Future

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