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Which of the following is/are true? (I) Commercial banks are owned by shareholders and seek to earn a profit for their shareholders (I) Credit unions

Which of the following is/are true?

(I) Commercial banks are owned by shareholders and seek to earn a profit for their shareholders

(I) Credit unions are owned by shareholders and seek to earn a profit for their shareholders

A. I only
B. II only
C. Both I and II
D. Neither I nor II

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