A type of association usually formed by banks or railroads as a central agency where members can settle accounts is known as:

Related MCQs

• An association of individuals or corporations formed to conduct a specific financial transaction such as buying a business is known as:
• An unincorporated business formed by the association of two or more persons who share risks and profits is called:
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• An association of producers to regulate prices by restricting output and competition is called
• Which of the following items in the balance of payments accounts are invisible?
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