Final answer:
The best problem addressed by a business bank is when an entrepreneur needs financing to build a new office for her tech company, as banks are equipped to handle business financing needs.
Step-by-step explanation:
The question asks which problem would be best addressed by a business bank. The answer is c. an entrepreneur needs financing to build a new office for her tech company. This is because financial institutions like banks primarily function to support business activities including offering loans for business expansion such as building new offices. A business bank would evaluate the business plan, potential profits, and risks before granting a loan.
Banks make it easier to carry out a wide range of transactions in goods, labor, and financial markets. They offer checking accounts for day-to-day transactions and savings accounts that accrue interest over time. While individuals use these accounts for various personal financial activities, entrepreneurs and businesses utilize financial services for operational needs and to facilitate growth.
Banks also consider credit scores when lending money. Therefore, a college graduate who needs to open a checking account with low fees, a person with poor credit history requiring a short-term loan, or a couple needing a mortgage loan to buy a home after moving to a new city might find better solutions through a retail bank, credit union, or specialized financial institution catering to specific needs such as consumer credit or home financing.