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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 …

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 …
asked 88.0k views
5 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)

asked
User Superfly
by
7.7k points

2 Answers

5 votes

Answer:

the correct answer is Federal Deposit Insurance Corporation

Step-by-step explanation:

i got 100%

answered
User NirmalGeo
by
9.0k points
2 votes

Answer:

Federal Deposit Insurance Corporation

Step-by-step explanation:

It was correct on the quiz.

answered
User ThePyGuy
by
8.3k points
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