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Elijah is concerned that his bank is making poor financial decisions and worries that his $1,200 deposited in savings will be lost it the bank were to fail. As long as his bank meets the necessary requirements,
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2 votes
2 votes
Elijah is concerned that his bank is making poor financial decisions and worries that his $1,200 deposited in savings will be lost it

the bank were to fail. As long as his bank meets the necessary requirements, which of the following protects Elijah against this
potential loss? (1 point)

User Zhiyong
by
2.8k points

2 Answers

25 votes
25 votes

Answer:

the correct answer is Federal Deposit Insurance Corporation

Step-by-step explanation:

i got 100%

User LiuXiMin
by
3.0k points
14 votes
14 votes

Answer:

Federal Deposit Insurance Corporation

Step-by-step explanation:

It was correct on the quiz.

User Rex Rex
by
2.7k points
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