The modern commercial banking system began in America when the
A. Bank of the United States was chartered in New York in 1801.
B. Bank of North America was chartered in Philadelphia in 1782.
C. Bank of the United States was chartered in Philadelphia in 1801.
D. Bank of North America was chartered in New York in 1782.
Answer:B
The modern commercial banking system began in America when the
A. Bank of the United States was chartered in New York in 1801.
 B. Bank of North America was chartered in Philadelphia in 1782.
 C. Bank of the United States was chartered in Philadelphia in 1801.
 D. Bank of North America was chartered in New York in 1782.
