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Business, 07.10.2019 17:30 jiang6117

An insurance company is
a. not a financial intermediary because they do not take direct deposits and do not make loans.
b. a financial intermediary because they take deposits and make mortgages and car loans.
c. not a financial intermediary because financial intermediaries act as a go-between for borrowers and lenders.
d. a financial intermediary because they take premiums and use them to purchase financial securities.

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An insurance company is
a. not a financial intermediary because they do not take direct depos...
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