1. Which is not an example of a financial intermediary?
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a stock certificate

a finance company

a credit union

a life insurance company

Respuesta :

Answer:

A stock certificate is not an example of a financial intermediary.

Explanation:

  • A financial intermediary is an individual or an institution that facilitates financial transactions between two or more parties by acting as an intermediate between them.
  • These intermediaries have a commission fixed for themselves for the transaction that they help take place.
  • A stock certificate is a financial instrument, not a financial intermediary, as it is incapable of facilitating a transaction by itself.

Answer:

a stock certificate

Explanation:

A financial intermediary is an individual or an institution that facilitates financial transactions between two or more parties by acting as an intermediate between them.

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