A building society invests the savings of its shareholders in houses and property.Unlike a bank, it does not serve as a general clearing house (清算所) for every kind of exchange or business operation.Its activities are limited compared with those of a bank.
68.A building society is different from a bank in that ____.
A.the former is limited in its activities
B.the latter is limited in function compared with the former
C.a bank doesn’t serve as a general clearing house
D.a building society can protect itself from “bad debt”
69.Some people put large amounts of money in the building society because _______.
A.they can get more profit than they do in a bank.
B.they may choose between the form of building society shares and that of loans for their investment
C.they may enjoy shares and loans at the same time
D.they like the society
70.If you borrow money from the society to buy a house, ____.
A.you have to return the money to the building society the moment it is needed.
B.you have to sign an agreement to repay the loan after a number of years
C.what you pay back monthly for the loan would be less than the rent
D.the house doesn’t belong to you unless you have repaid all the debt
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