Name: AMTO, ARCHERELLE R. Date: September 30, 2021
Section: BSBA-3A Score: _____________
1. Explain the complex transactions of simple bank deposit? (In your own opinion)
Answer:
A simple bank deposit does not include any complex transactions, therefore it is
simply money placed in a banking institution for safekeeping. These funds are
deposited into deposit accounts such as savings, checking, and money market
accounts. More complicated transactions than a basic bank deposit, on the other
hand, necessitate marketplaces in which borrowers and their agents may meet
lenders and their agents, and existing obligations to borrow or lend can be
transferred to other individuals. Stock exchanges are an excellent example.
2. How do companies raise money?
Answer:
Companies must raise funds in order to expand and invest in new ventures.