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Aleonysh [2.5K]
2 years ago
11

The most important function of the FDIC is it-

Law
1 answer:
Alina [70]2 years ago
6 0

Answer:

Option C: Insures peoples' checking and savings account up to a certain dollar amount.

<h2 /><h2>What is the FDIC?</h2>

The FDIC, also known as the Federal Deposit Insurance Corporation, is a public corporation that was established in 1933 as one of Roosevelt New Deal programs to help build America's economy again and help the country through the ending stages of the Depression. The purpose of the FDIC is too insure, up to a specified amount, all demand deposits of member banks.

So in other words, it protects depositors of insured banks against loss of their deposits if the bank fails.  

#SPJ2

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Why and How theories may be changed or replaced over time?
Free_Kalibri [48]

Answer:

Hi there! The answer is below.

Explanation:

Theories may be revised over time as new facts or technology become available. Changes in experimental procedures are a result of new developments, which offer data that may or may not support the existing theory. It's possible that the theory will be modified if it's still valid. The theory may be replaced if it is not supported but the results are true and important.

6 0
3 years ago
What did the Supreme Court rule in Baker v Carr ?.
Tanya [424]

The United States Supreme Court ruled in Baker v. Carr (1962) held federal courts could review claims that a state's redistricting of electoral lines violates the Equal 14th Amendment Amendment to the Constitution.

About Equal Protection Clause

The United States Constitution's Fourteenth Amendment's first section contains the Equal Protection Clause. The article states that "neither shall any state deny to any individual within its authority the equal protection of laws." It came into force in 1868. It demands that the law treat people equally who are in similar circumstances.  Civil Rights Act of 1866's equality provisions were a major driving force behind the inclusion of this paragraph.

To know more about Baker v. Carr:

brainly.com/question/29398317

#SPJ4

4 0
1 year ago
When a court decision is final it gives an example to follow for future cases that are similar in nature. What is this called
kodGreya [7K]

When a court decision is final it gives an example to follow for future cases that are similar in nature, what is this called?

Stare decisis ( a doctrine that every court must follow)

5 0
3 years ago
what type of instrument would you most likely use if you needed to send money to a foreign country?why?
Ira Lisetskai [31]

4 Major Instruments used for Making International Payments are Foreign Bills of Exchange; Bank Drafts; Telegraphic Transfer; Letter of Credit.

<u>Explanation: </u>

To make payments in the foreign countries the instruments used are Foreign Bills of Exchange, Bank Drafts and Telegraphic Transfers and Letter of Credit. Each of these instruments mentioned as different methodologies in sending the money to the foreign banks.

Let us explain one by one; Foreign Bills of Exchange money drawn from country is payable at another country. Bank draft which is drawn on bank funds and payment assurance is made by the bank that issues it.

Telegraphic Transfer is an electronic method of fund transfer used mainly for overseas wire transactions. And final one is Letter of Credit is a letter given by the bank assuring that a buyer's payment to a seller will be received on time and for the correct amount.

3 0
3 years ago
Political parties are expected to serve the Interests of_
Ugo [173]
I would say interest groups
6 0
3 years ago
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