Conglomerates that combine many financial institutions within a single corporation are classified as

The correct answer is C. financial services corporations.

A financial services corporation is a type of conglomerate that combines many financial institutions within a single corporation. These corporations typically offer a wide range of financial services, such as banking, insurance, and investment management.

Preferred service corporations are corporations that are formed to provide specific services to a particular group of people, such as employees of a particular company or members of a

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