Which problem would be best addressed by a business bank? A. A college graduate needs to open a checking account with the
lowest fees available.
B. A corporation needs help with cash management for its large
staff.
C. A person with a poor credit history needs a short-term loan to pay
a medical bill.
D. A couple needs to get a mortgage loan to buy a home after
moving to a new city,
SUBMIT

B. A corporation needs help with cash management for its large

staff.

Explanation:

Business banking can be defined as the financial services such as business loans, cash management, lines of credit, trade finance, savings and checking accounts, tax planning, and securities trading provided by a commercial bank to business entities, corporations or companies.

This ultimately implies that, a business bank is only focused on providing financial services to corporations rather than individuals.

Hence, the problem which would be best addressed by a business bank is, a corporation that needs help with cash management for its large

staff.

In a nutshell, a business bank is saddled with the responsibility of meeting the financial needs of corporations found in different sectors such as agriculture, engineering, medical, trade, oil and gas etc.

d,

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