Eileen Puts $10,000 in a Federally Insured Checking Account at the First

question 154

Multiple Choice

Eileen puts $10,000 in a federally insured checking 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 there is a run on the First National Bank.

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Definitions:

Appendicular

Pertaining to limbs or appendages of the body, particularly the bones of the limbs and the structures associated with them.

Pelvis

The lower part of the torso in human and many animals, consisting of the hip bones surrounding the pelvic cavity.

Pectoral Girdle

The skeletal structure that provides support for the upper limbs, including the clavicles and scapulae.

Clavicles

Clavicles, commonly known as collarbones, are paired bones that sit horizontally at the top of the chest, providing support and stability to the shoulders.