NON-STATE INSTITUTIONS

The process of taking in deposits and lending them to customers in need

• financial intermediation

• financial support

• financial loan

• financial deposit

a financial institution licensed to provide several financial services to different types of customers

• corporations

• banks

• cooperatives

• trade unions

This type of bank focuses on consumers or the general public as its customers

• retail bank

• agricultural bank

• industrial bank

• commercial bank

Which of the following does not describe banks

• financial institution licenses to provide several financial services to different types of customers

• has currency exchange and safety deposit boxes

• a custodian of customer's money

• considered as a "legal person"

Which of the following does not describe a corporation?

• considered a "legal person"

• has currency exchange and safety deposit boxes

• an organization of shareholders

• mandated to enjoy rights, privileges, and responsibilities of an individual.

A type of corporation taxed through its shareholders

• business corporation

• c-corporation

• s-corporation

• non-profit corporation

What does ILO mean?

• International Legal Organization

• Internet Legal Organization

• International Labor Organization

• Internet Labor Organization

An autonomous association of persons united voluntarily to meet their common economic social, and cultural needs and aspirations.

• banks

• trade unions

• international organizations

• cooperative

An association of workers forming a legal unit or legal personhood

• corporations

• cooperatives

• trade unions

• international organizations

Which of the following is not a type of cooperative?

• credit cooperative

• multi-purpose cooperative

• retail cooperative

• producer cooperative