1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
White raven [17]
3 years ago
9

1. What are some considerations in choosing a financial institution? Which one do you think would be the most important consider

ation for you in choosing a financial institution?
2. What are the pros and cons of U.S. savings bonds?
3. What are some of the problems that individuals might face if they use one of the "problematic" financial institutions?
4. What are some of the consumer protections available? What can individuals do to protect themselves?
5. What are some of the advantages and disadvantages of choosing a federally-insured account?
Business
1 answer:
Greeley [361]3 years ago
3 0
1. In choosing a financial institution you must consider how frequently the bank responds, how long they operate on the weekends, the notary services they are offering, the loans you can get and their financial strength among others. The most important factor to consider would be the institution's financial strength since you must only put your trust in institutions with high strength.

2. One good thing about the U.S. savings bonds is their security and the fact that the investments that you will make in these bonds will not cost you any form of state or local taxes. Cons would include its complexity though as it can get hard for you to identify when the bonds will mature, their interest rates, when to know how to cash them, and their current value.

3. If you put your trust in the so-called "problematic" financial institutions, you are basically gambling your money away. First of all, as mentioned earlier, you must only put your trust in banks with a healthy financial strength since problematic ones will be unreliable and unsafe. Trusting them can lead to your money being stolen or you can also be bombarded with additional fees.

4. The state and local government have laws that will protect the consumer from unfair practices or frauds. As an individual, you can add more security to protect yourself and your money. This protection includes setting up alerts on your bank account, adding a two-step verification on your emails so no one can access it easily, as well as avoiding calling lists.

5. One major advantage is that the Federal Deposit Insurance Corporation has a $100,000 guarantee per institution so your investment won't be totally gone during unfortunate circumstances. The disadvantage, on the other hand, is that the interest rates on federally-insured accounts are below the inflation rate so you can expect a decrease in the value of your money over time.
You might be interested in
A firm organized on the basis of retail customers and wholesale customers utilizes the concept of departmentalization by
lilavasa [31]

Answer:

Customer

Explanation:

In customer departmentalization, departments are basically separated from each other based on the types or groups of customers that needs to be handled or dealt with. For instance, customers can be classified under types such as, bulk purchasing or wholesale customers, retail customers, etc.

To handle them in a better way each group of customers needs different tactics and strategies. Therefore, customer deparmentalization serves the purpose of the firm that is organized on the basis of retail customers and wholesame customers.

3 0
4 years ago
According to surveys, the second largest expense of a typical American<br> consumer is
lesantik [10]

Answer:

Social Security

Explanation:

3 0
3 years ago
Read 2 more answers
Using the 4 Cs, we consider a variety of costs associated with the purchase of a product. Cost in the Four Cs model is similar t
Dimas [21]

Answer:

marketing

Explanation:

Marketing may be defined as the business or the action of promoting as well as selling products or the services, which includes a market research and the advertising. It is the activity, the organization undertakes to foster promote by buying or by selling a product or a service in the market.

The 4Cs that is used in the concept of marketing is Convenience, Communication, Consumer solution, Cost. They are quite similar to the 4P model of marketing i.e. Place, Promotion, Product, Price. These models are used in marketing to enhance the 'marketing mix'.

4 0
3 years ago
Read 2 more answers
Joey's first task as a new employee at a Technology firm is to write a computer program to perform a predictable task. Joey can
sveticcg [70]

Answer: Option A

       

Explanation: In simple words, critical thinking refers to the process under which an individual or an entity analyse and evaluate their objectives with the intent of forming a judgement for then purpose.

In the given case, joey has a wide variety of alternatives to choose to how to perform then task and the supervisor will form judgement about his work on the basis of the choices he made for the work assigned.

7 0
3 years ago
​employers receive benefits from enriching employee's jobs. in one form of job enrichment, the employee is able to work from his
Tanzania [10]

The answer to this question is called telecommuting or remote working arrangement. Telecommuting occurs when the employee is allowed to work from home for a certain period of time, thus decreasing the amount of time the employee has to spend in the office.

This arrangement is beneficial to both the employer and employee since the employer can reduce real estate cost for the office while the employee can reduce the associated stress with commuting to work as well as the costs.

8 0
3 years ago
Other questions:
  • Ramon, a single taxpayer with no dependents, has adjusted gross income for 2019 of $98,000 and his itemized deductions total $19
    7·1 answer
  • The organization that supervises internet addressing is ___________.​
    5·2 answers
  • Witch is true about stock
    14·1 answer
  • Ashley is single and lives with Barney, her boyfriend, and Candy, his 8 year old daughter. Ashley paid all of the support for he
    11·1 answer
  • A company that manufactures a device that is heavily regulated by the government and has to undergo a rigorous pre-market approv
    9·1 answer
  • Vanik Corporation currently has two divisions which had the following operating results for last year: Cork Division Rubber Divi
    15·1 answer
  • g Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold
    7·1 answer
  • PLEASE ANSWER THESE IT WOULD BE A HUGE HELP
    8·2 answers
  • Stoneside Inc. has provided you with the following information for its Manufacturing Overhead account at the end of the period.
    5·1 answer
  • When you receive a loan, the money the lender gives you is called the ____________. a. interest b. line of credit c. principal d
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!