Chapter 17 Test Review

Chapter 17 Test Review

10th Grade

20 Qs

quiz-placeholder

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Chapter 17 Test Review

Chapter 17 Test Review

Assessment

Quiz

Business

10th Grade

Medium

Created by

Jenell Warren

Used 4+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

All state and national banks are required to join the Federal Reserve System.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most common way for a bank to be organized is as a mutual savings bank.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Not even the bank has the right to open your safe deposit box

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you lose your debit card, your liability for unauthorized use is only $50 if you notify your financial institution within two days of the loss.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A blank endorsement makes a check payable to anyone who has the check.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The paying of checks among different banks in different cities is called

kiting

clearing

bouncing

reserving

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mutual savings banks are organized mainly for

business loans

automobile loans

savings and home loans

check cashing

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