According to the textbook,the disadvantages of a federal charter include:
A)closer supervision of banking activities.
B)stricter standards for capital.
C)more stringent limits on the offering of new services.
D)All of the options are correct
E)stricter capital standards and more stringent limit on new offerings.

Question

Quizplus · Accepted Answer

All of the options listed (closer supervision of banking activities, stricter standards for capital, and more stringent limits on the offering of new services) are disadvantages of a federal charter, indicating that all of the options are correct.

According to the Textbook,the Disadvantages of a Federal Charter Include