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

Answer 1

A major risk of using a financial institution is that the financial institution may fail entirely. This can lead to significant losses for investors and depositors, especially if their funds are not insured or if the institution is unable to fulfill its obligations.