The McFadden Act Was Applicable to Banks

question 15

Multiple Choice

The McFadden Act was applicable to banks

• A)in states where no branching was allowed.
• B)only in limited branching states.
• C)only in statewide branching states.
• D)in all states, regardless of their intrastate branching status.

---

Definitions:

Fraud Complaints

Grievances filed by consumers or entities regarding deceitful activities or transactions believed to be fraudulent.

Federal Trade Commission

A U.S. federal agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.

Internet-related

Referring to technologies, activities, or services that are based on or use the Internet.

Cookies

Small pieces of data stored on a user’s computer by their web browser while browsing, used to remember information about the user.