Multiple Choice
Lana's business has two accounts at a bank: $150,000 in an investment account and $300,000 in a savings account. If the bank fails, how much of the business's deposits are protected by the CDIC?
A) $150,000
B) $300,000
C) $100,000
D) $450,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q48: Think of a time when the economy
Q49: There is a decrease in prices due
Q50: Heshani just paid for her tuition with
Q51: It is Saturday night at 11:00 p.m.,
Q52: Which of the following is the central
Q54: Which of the following financial institutions would
Q55: Jeff and Nathan are going to a
Q56: Tameka owns a small business and has
Q57: Kyle uses a local financial institution for
Q58: What is the overnight rate?<br>A) the lowest