The Primary Reason for the Recent Reduction in the Number

question 112

Multiple Choice

The primary reason for the recent reduction in the number of banks is

• A) bank failures.
• B) re-regulation of banking.
• C) restrictions on interstate branching.
• D) mergers and acquisitions.

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Definitions:

Warning Adequately

A sufficient alert or indication given to inform individuals of a potential danger or risk, ensuring they are properly informed to take preventive measures.

Design Defect

A flaw in the planning or design of a product that makes it unsafe or ineffective for its intended use.

Reasonably Preventable

Referring to measures or actions that can be taken to reasonably avoid or mitigate a certain risk or harm.

Product Liability Laws

Legal rules concerning the responsibility of manufacturers and sellers for injuries caused by defective products they provided.