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One of the biggest liabilities or a commercial bank is
One of the biggest liabilities or a commercial bank is...
a.
Loans.
b.
Deposits.
c.
Government of Canada securities.
d.
Mortgages.
Expert Solution
Solution. : Option B Deposits
Explanation. : Deposites are the largest liability for the bank . The bank owes many deposits made in the bank to those who have made them . Deposits include money market accounts , savings and checking accounts .
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