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Management · Q932

Financial Management

Graduate and Post Graduate · Management · question 932

Q932

Corporate associations who have common bonds being employees of same firm are classified as

A.
credit unions
Answer
B.
debit unions
C.
preferred unions
D.
solving unions

Answer: Option A

Solution

Answer: Option A
Solution:
Corporate associations who have common bonds being employees of same firm are classified as credit unions. A credit union is a type of financial cooperative that provides traditional banking services.