
ch 17 - Foundations
Quiz
•
Business
•
9th Grade
•
Practice Problem
•
Easy
Autumn Sprys
Used 25+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who has the right to get into a safe deposit box?
it's open to the public
only the owners
the owners and the bank
just the bank
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What % of US banks are a part of the Federal Reserve System?
50%
75%
99%
100%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a deposit institution?
savings and loan assoc
commercial bank
check-cashing outlet
mutual savings
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Up to how much does the FDIC insure per person per bank?
$100,000
$150,000
$250,000
$350,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A non-deposit financial company that makes loans for long-lasting goods
consumer finance company
pawnshop
investment company
credit union
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you write "For Deposit Only" on the back of a check
full endorsement
restrictive endorsement
special endorsement
blank endorsement
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the bank deducts payments from your account and transfers them to the appropriate company every month.
direct deposit
credit cards
automatic teller machines
automatic bill payment
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