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Which of the Following Statements Is False

Question 21

Multiple Choice

Which of the following statements is false?


A) It is not possible for a bank to invest all of its funds in profitable loans or securities.
B) All states now permit statewide branch banking.
C) Regulation Q established interest rate ceilings on time and savings deposits.
D) The depositors of a bank are creditors and hence have a claim that is superior to that of stockholders in the event of liquidation.

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