The Federal Reserve Act required all <u>national</u> banks to become members of the Federal Reserve System, while <u>state</u> banks could choose to become members of the system.
<h3><u>Explanation:</u></h3>
In 1913 an act was introduced under the command of Federal government. The act required all national and state banks to become members or to get merge into the Federal Reserve System. This act was known as the Federal Reserve Act. According to this act all the active national and state banks have choices to become members.
President Woodrow Wilson signed the Federal Reserve act on December 23, 1913. The
United States Congress passed the law in the supremacy of President Woodrow Wilson. The Federal Reserve System was created and developed because of the Federal Reserve act which also affected the central banking system of the United States US.
The Act was introduced to provide the establishment and foundation to the Federal Reserve banks. It also furnished the elastic currency of the federal corporation, which refers to discounting the use of commercial paper. It established an effective supervision for banking business world in the United States.
One of the differences between Sunni and Shiais in the interpretation of Muhammad's successor, which was the reason for the shism and the emergence of two sects of Islam. The Sunni believed that Muhammad had no real heir and was to be chosen by voting among the people of the Islamic community. So they wanted to choose a close Muhammad's friend, Abu Bakr. Shias believed that the heir should be a successor from Muhammad's family, a relative Ali.
The answer is: A.
Answer:
D. Contingency fee
Explanation:
A contingent fee is any fee for services provided where the fee is payable only if there is a favourable result. Although such a fee may be used in many fields, it is particularly well associated with legal practice
and generally Contingency means something that could happen or come up depending on other occurrences. An example of a contingency is the unexpected need for a bandage on a hike or something that depends on something else in order to happen.
Answer:
The brain sends signals via the nervous system, including the spinal cord and nerves, to the muscles. The muscles then contract to create movement. Your muscles work in conjunction with tendons and joints, which help your muscles move your skeletal bones to accomplish movement.
Explanation:
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The correct answer is Sargon Of Akkad, (flourished 23rd century bc), ancient Mesopotamian ruler
Explanation: Sargon the Akkadian - also called Sargon the Great - is the first character in history known for, among other things, creating an empire. But what we know of him is based mainly on poetic accounts or legends. The very origin of the Akkadian people is lost long before the first known reports, which speak about sedentary and nomadic peoples who inhabited Mesopotamia