Everfi module 1 assesment - Study guides, Class notes & Summaries
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EVERFI Module 1 Banking Basics Questions and Answers with Verified Solutions
- Exam (elaborations) • 14 pages • 2023
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Which of the following is NOT a common feature of a financial 
institution? Access to investment products; Investment trading; 
Access to investment advice 
Which of the following statements about check cashing companies is 
TRUE? They charge high fees. 
Which of the following financial institutions typically have the highest 
fees? Check cashing and payday loan companies 
Which of the following statements about check cashing companies is 
FALSE? They charge low fees. 
Which type of bank ac...
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