Question

question 13 of 25
how is an investment bank different from a commercial bank?

a. an investment bank and a commercial bank refer to the same entity; there is no difference between them.

b. a commercial bank deals with the general public only; an investment bank only deals with the government and large companies.

c. an investment bank is a nonprofit entity; a commercial bank is a for - profit entity.

d. an investment bank is a nondepository institution; a commercial bank takes customers deposits.

Explanation:

Answer:

D. An investment bank is a nondepository institution; a commercial bank takes customer's deposits.