Which one of the following savings plans is not covered by federal deposit insurance?
A) passbook account at a savings and loan
B) regular checking account at a commercial bank
C) money market account at a commercial bank
D) money market fund with an investment company
E) certificate of deposit at a commercial bank
Correct Answer:
Verified
Q3: Checking accounts are frequently referred to as
Q24: A savings account at a credit union
Q30: The major service offered by investment companies
Q31: The business hours and location of a
Q34: The Truth in Savings law requires that
Q37: The purpose of a "special endorsement" is
Q39: A saver will usually earn the highest
Q40: To avoid high fees for loans, a
Q42: The Expedited Funds Availability Act requires that
Q42: Which of the following is a deposit
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