Which Banks Cannot Accept Foreign Deposits

question 86

Multiple Choice

Which banks cannot accept foreign deposits?

• A)Domestic banks located in the U.S.
• B)Edge Act banks located in the U.S.
• C)Subsidiary banks located overseas
• D)Foreign branches located overseas

---

Definitions:

Case Reporter

A publication that compiles judicial decisions and opinions from courts, serving as a source for legal precedent and research.

Trial Court

The first court to hear a lawsuit, where evidence is presented, witnesses are examined, and a first ruling on the case is given.

Plaintiff's Name

The name of the individual or entity that initiates a lawsuit or legal action against another party.

Title of the Case

The formal designation of a legal case, usually mentioning the parties involved, used in legal documents and proceedings.