Business

Frye

28 February, 12:35

An insurance company is

A. not a financial intermediary because they do not take direct deposits and do not make loans.

B. a financial intermediary because they take deposits and make mortgages and car loans.

C. not a financial intermediary because financial intermediaries act as a go-between for borrowers and lenders.

D. a financial intermediary because they take premiums and use them to purchase financial securities.

+2

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