Multiple Choice
If all of a bank's depositors showed up on one day requesting cash withdrawals of all their deposited funds
A) the bank would pay them all, although reluctantly.
B) the bank would likely fail to have sufficient reserves to honor their requests.
C) the bank could lawfully refuse their demands.
D) the bank would immediately call all outstanding loans.
Correct Answer:
Verified
Correct Answer:
Verified
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