3. a credit union differs from other finacial institutions inthat it is: a)chata

Question

3. a credit union differs from other finacial institutions inthat it is: a)chatactered by the federal government b)owned by foreign investors c)taxed at a different rate d)organized as a non-pprofit organizatioin 8.a common advantage of a checking account is that: a)every checking account earns interest b)lost check are insured by the federal gobernment c)banks automatically tell you when payments are due d)canceled checks can serve as proof of payment 3. a credit union differs from other finacial institutions inthat it is: a)chatactered by the federal government b)owned by foreign investors c)taxed at a different rate d)organized as a non-pprofit organizatioin 8.a common advantage of a checking account is that: a)every checking account earns interest b)lost check are insured by the federal gobernment c)banks automatically tell you when payments are due d)canceled checks can serve as proof of payment

Explanation / Answer

3) both are chartered by fed govt it is not owned by foreign investors not taxed at a different rate :
D) it is organized as a non profitorganization :
8)not every account earns interest lost checks are NOT insured by fed govt banks do NOT automatically tell you when payments aredue :
D) Cancelled checks can serve as proof ofpayment :
8)not every account earns interest lost checks are NOT insured by fed govt banks do NOT automatically tell you when payments aredue :
D) Cancelled checks can serve as proof ofpayment

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