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
An appeal is the process in which cases are reviewed by a higher authority, where parties request a formal change to an official decision
Answer:
a. unilateral contract
Explanation:
Unilateral contract -
It refers to as the agreement between two parties or individual , where the offeror agrees to pay as soon as the specified act is completed , is referred to as unilateral contract .
The contract is used for an open request .
For example ,
insurance policy contract , is partially unilateral in nature .
Hence , from the given information of the question ,
The correct option is a. unilateral contact .
B sunshine act
I hope it helped u out :)
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