The Federal Deposit Insurance Corporation (FDIC)
A) guarantees individuals will not lose any money held at a bank that fails.
B) guarantees individuals will not lose any money, up to a specified amount, held at a bank that fails.
C) guarantees individuals will not lose any money held at any type of financial institution that fails.
D) guarantees individuals will not lose any money, up to a specified amount, held at any type of financial institution that fails.
Correct Answer:
Verified
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