Many People Believed That When the Calendar Changed from December

question 38

Multiple Choice

Many people believed that when the calendar changed from December 31, 1999 to January 1, 2000, many bank records were going to be wiped out, so many people planned on withdrawing their funds. If this were to happen, this would be an example of:

• A) credit risk.
• B) operational risk.
• C) interest rate risk.
• D) liquidity risk.

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