Statewide branch banking:
A. is prohibited in all 50 states
B. means that branch systems are less likely to fail than independent systems
C. permits banks to be located within a geographically defined distance of the main office
D. none of the above
Answer:B
Statewide branch banking:
A. is prohibited in all 50 states B. means that branch systems are less likely to fail than independent systems C. permits banks to be located within a geographically defined distance of the main office D. none of the above