Solved

Georgina Has $200,000 in a Savings Account in Her Name

Question 63

Multiple Choice

Georgina has $200,000 in a savings account in her name alone and another $150,000 in an investment account held jointly with her daughter. If the bank fails, how much of her deposits are protected by the CDIC?


A) $200,000
B) $100,000
C) $250,000
D) $150,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents