Question

pregunta 1 (5 puntos)
a/an ___ is permission to operate for a certain amount of time (usually given by the government).
○ a commission
○ b conglomerate
○ c charter
○ d contract

pregunta 2 (5 puntos)
now, the fdic will protect consumer’s money up to _, but originally only protected up to _.
○ a $500,000; $250,000
○ b $100,000; $250,000
○ c $100,000; $200,000
○ d $250,000; $100,000

Explanation:

For Pregunta 1: A charter is a government-granted permission to operate for a specified time.
For Pregunta 2: FDIC currently insures up to $250,000 per depositor, originally up to $100,000.

Answer:

c. charter
d. $250,000; $100,000