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The Sequential Service Constraint Feature in a Deposit Contract Implies

Question 16

Multiple Choice

The sequential service constraint feature in a deposit contract implies that


A) the amount that the bank pays to a withdrawing depositor depends on what was promised by the bank and on his place in the queue of depositors wishing to withdraw.
B) the amount that the bank pays to a withdrawing depositor depends on what was promised by the bank and how long the queue of withdrawing depositors is.
C) the amount that the bank pays to a withdrawing depositor depends only on what the bank promised.
D) the amount that the bank pays to a withdrawing depositor depends only on how much money the bank has at the time.
E) None of the above

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