3 true or false 1 point a savings & loan association is a financial institution that is owned by its…

3 true or false 1 point a savings & loan association is a financial institution that is owned by its members. true false 4 true or false 1 point a finance company specializes in savings accounts and mortgage loans. true false

3 true or false 1 point a savings & loan association is a financial institution that is owned by its members. true false 4 true or false 1 point a finance company specializes in savings accounts and mortgage loans. true false

Answer

Brief Explanations:

A savings & loan association is a member - owned financial institution. A finance company typically focuses on providing loans and other credit - related services rather than specializing in savings accounts and mortgage loans like a savings & loan or a bank.

Answer:

  1. True
  2. False