Missed Exam Questions Flashcards
1
Q
Tucker’s 5 questions
A
Profitable? Legal? Fair? Right? Sustainable/environmentally sound
2
Q
% of deposits repayable on demand
A
70
3
Q
Investment trust/unit
A
Inv: Plc, closer fund
Unit: trust deed, open ended
4
Q
ISA
A
Cash: 16+
S&S: 18+
Resident in UK for tax
Government reviews limits annually
5
Q
1924 confidentiality
A
Customer consent
Interest of bank
Legal
Duty to public
6
Q
Drawn on same branch
A
House cheque
