Under the interagency statement when a bank recommends or sells non-deposit investment product it should inform the customer that the product is:
A) Having high interest rate
B) Not insured by FDIC
C) Not a deposit or other obligation of, or guaranteed by the depository institution
D) Only B&C
Correct Answer:
Verified
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Q75: Non-deposit investment product includes:
A) Fixed annuities
B) Variable
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Q83: The balance sheet is the fundamental report
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