Eileen Puts $10,000 in an Uninsured Savings Account at the First

question 143

Multiple Choice

Eileen puts $10,000 in an uninsured savings account at the First National Bank.Norma borrows $10,000 from the First National Bank,flies to a South Pacific island,and is never heard from again.Which of the following is true?

• A)Eileen will lose her $10,000.
• B)Eileen will lose her $10,000 if she and Norma are related.
• C)Eileen will lose her $10,000 if the First National Bank makes all of its loans to people who run off to South Pacific islands.
• D)Eileen will not lose her $10,000 no matter what happens to the First National Bank.
• E)Eileen will not lose her $10,000 unless the Fed fails.

---

Definitions:

Human Editors

Individuals who review, adjust, and approve content, ensuring its quality, accuracy, and readiness for publication.

Web Directory

An online list or catalog of websites organized by category, allowing users to find sites of interest more easily.

Online Databases

Digital collections of organized information or data that can be accessed via the internet for research, analysis, or transaction purposes.

Digital Copies

Electronic versions of documents or materials, accessible and distributable through digital means.