One major characteristic of credit unions and thrift societies is that?

One major characteristic of credit unions and thrift societies is that?
  • A.
    the legal processes involved in their formation are rigid
  • B.
    membership is compulsory to people in the same line of business
  • C.
    the contribution of every member depends on the member’s ability
  • D.
    a minimum of ten people in the same line of business can form the union
Correct Answer: Option C
Explanation
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