Banks Must Notify Customers _____ Days in Advance Before Lowering Rates

question 17

Multiple Choice

Banks must notify customers _____ days in advance before lowering rates on deposit accounts or certificates of deposit (CDs) .

• A) 30
• B) 60
• C) 15
• D) 45
• E) 10

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Definitions:

Job Discrimination

Unfair or prejudiced treatment of individuals in employment based on characteristics such as race, gender, or age.

Company Procedures

Defined processes or methods established by a business for conducting its operations and ensuring consistency and efficiency.

Orientation

A preparatory process used by organizations to acquaint new employees with the company's policies, procedures, and culture.