Statement I: The largest American bank is the Bankers Trust.
Statement II: No bank in the U.S.has assets of over $200 billion.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

Question

TAKIEDDINE BENDJILALI · Accepted Answer

Final Answer : D, Explanation :  The largest American bank is not the Bankers Trust; institutions like JPMorgan Chase & Co. are much larger. Also, several banks in the U.S. have assets well over $200 billion, making both statements false.

Statement I: The largest American bank is the Bankers Trust.
Statement II: No bank in the U.S.has assets of over $200 billion.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

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Learning Objectives

Learning Objectives

Related questions

Statement I: The largest American bank is the Bankers Trust.Statement II: No bank in the U.S.has assets of over $200 billion.A) Statement I is true and statement II is false.B) Statement II is true and statement I is false.C) Both statements are true.D) Both statements are false.

Definitions

Learning Objectives

Learning Objectives

Related questions

Statement I: The largest American bank is the Bankers Trust.
Statement II: No bank in the U.S.has assets of over $200 billion.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.