Reference no: EM133315108
Question 1: What is one advantage of using Online as an advertising medium?
Question 2: What is one disadvantage of using personal selling as a promotional tool?
Question 3: Explain the three functions of money are: A)Medium of exchange: B)It is a store of value: C)It is a unit of account
Question 4: Explain one role of the Bank of Canada:
Question 5: What is the difference between a secured and an unsecured short-term loan?
Sources of Long-Term funds: 1) State on advantage and one disadvantage of issuing stock: 2)State on advantage and one disadvantage of issuing bonds:
Question 6: How does a chartered bank make sure it does not lose the entirety of the loans it lent out, if the borrower is no longer capable of making payments?
Question 7: If a chartered bank does not have sufficient money because it lent out too much money, who can it borrow money from? Will the chartered bank have to pay interest?
Question 8: Can a chartered bank go bankrupt?