Question

How is an investment bank different from a commercial bank?
O
A. An investment bank is a nondepository institution; a commercial
bank takes customer's deposits.
O
B. An investment bank and a commercial bank refer to the same
entity; there is no difference between them.
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C. A commercial bank deals with the general public only; an
investment bank only deals with the government and large
companies.
O
D. An investment bank is a nonprofit entity, a commercial bank is a
for-profit entity
dhon

Answer 1

Answer:

the answer is A. An investment bank is a non-depository institution; a commercial  bank takes customer's deposits.

Explanation:

An investment bank is catering specially to the business and institutional requirements while a commercial bank tends to support the requirements of general public and private businesses.

Answer 2

Answer: An investment bank is a nondepository institution, and a commercial bank takes customers' deposits

Explanation: a p e x