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What is a major risk of using a financial institution?(1 point) Responses Financial institutions may choose not to pay investor...Question
What is a major risk of using a financial institution?(1 point)
Responses
Financial institutions may choose not to pay investors back.
Financial institutions may choose not to pay investors back.
Investors can be unable to withdraw money when they need it.
Investors can be unable to withdraw money when they need it.
Insurance will not cover any losses incurred by a financial institution.
Insurance will not cover any losses incurred by a financial institution.
The financial institution may fail entirely.
The financial institution may fail entirely.
Responses
Financial institutions may choose not to pay investors back.
Financial institutions may choose not to pay investors back.
Investors can be unable to withdraw money when they need it.
Investors can be unable to withdraw money when they need it.
Insurance will not cover any losses incurred by a financial institution.
Insurance will not cover any losses incurred by a financial institution.
The financial institution may fail entirely.
The financial institution may fail entirely.
Answers
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Answered by
GPT-4o mini
A major risk of using a financial institution is that **the financial institution may fail entirely.**
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