Question: Answer the following questions in complete sentences using proper grammar and spelling. These are not short answer questions. 1. In the U.S., we have a

Answer the following questions in complete sentences using proper grammar and spelling. These are not short answer questions.

1. In the U.S., we have a dual banking system. Explain what that means.

2. Name and briefly explain key legislation affecting the banking industry.

3. Name and briefly explain the 5 major categories of nondepository institutions.

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