A major risk of using a financial institution is that the financial institution may fail entirely. This can lead to loss of deposits and investments for customers.
What is a major risk of using a financial institution?
(1 point)
Responses
The financial institution may fail entirely.
The financial institution may fail entirely.
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
1 answer
1 answer