Which of the Following Is Not a Main Deregulatory Provision

question 65

Multiple Choice

Which of the following is not a main deregulatory provision of Depository Institutions Deregulation and Monetary Control Act of 1980?

• A)phase-out of deposit rate ceilings
• B)allowance of checkable deposits for all depository institutions
• C)new lending flexibility of depository institutions
• D)allowance of interstate banking for depository institutions in most states

Identify and differentiate between unilateral and bilateral contracts.

Understand the circumstances under which contracts must be in writing according to the Statute of Frauds.

Appreciate the fundamental concept of a contract as a legally enforceable promise or set of promises.

Recognize the common law and UCC parallels in contract law.