Which of the following is true of credit unions?

Members share in their profits in the form of higher interest rates on accounts. 

They are member owned.

They often provide members with lower loan rates. 

They are regulated at the provincial level.

All of the choices are correct.

 

When a storeowner spends a lot of money for new products that have yet to be proven sales items, the owner is engaging in the marketing function of:

transporting. 

inventory analysis.

financing. 

storing.

risk taking. 

XYZ Inc. is surveying customers as to what kinds of services they would like the company to add. It is involved in the marketing function of: 

storing. 

marketing research.

buying. 

financing.

risk taking  

Answer rating: 100% (QA)

QUESTION 1 All of the choices are correct A credit union is a nonprofit financial institution that i... View the full answer