Question
Finance companies are far less regulated than banks and thrifts because: there are no regulations on subsidiaries of a bank holding company there are no
Finance companies are far less regulated than banks and thrifts because:
there are no regulations on subsidiaries of a bank holding company
there are no depositors to protect.
there are few cases of finance companies failing.
the capital-to-total-assets ratio of finance companies is relatively strong compared to that of banks and thrifts
none of these answers.
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Introduction To Finance
Authors: Lawrence J Gitman, Jeff Madura
1st Edition
0201635372, 9780201635379
