Ch 2: U.S. Banking Laws & Regulations

About This Chapter

Use the lessons in this chapter to review what you know about U.S. banking laws and regulations. You'll find short, engaging lessons and quizzes along the way to help you test your knowledge.

U.S. Banking Laws & Regulations - Chapter Summary

To understand the world of finance, it's imperative to learn about U.S. banking laws and regulations. The lessons in this chapter will cover important regulations for bank loans, financial assets, insurance, corporate finance, and more. In this chapter, you'll explore demand deposits, time deposit accounts, marketing tactics, and you will have the opportunity to compare the different types of loans. Additionally, these lessons will explain financial assets like stocks bonds, and money, and privacy of information. This chapter will also detail the following:

  • A comparison of loans and investments
  • The process and purpose of loan underwriting
  • Insurance coverage for different types of risk
  • Liability insurance and personal property
  • Corporate finance and governance
  • The benefits of technology for banking
  • Controls on banking activities
  • How laws and regulations impact marketing for businesses

The lessons in this chapter have been developed by professionals in the field to ensure that the topics are presented in a manner that's easy to understand. You'll find engaging video and text lessons to help illustrate the material. For video lessons, utilize the clickable timeline for easy navigation, to review a particular portion of the lesson. After each lesson, take a self-assessment quiz to gauge your understanding, and when you've completed the chapter, take a cumulative exam to see how well you've absorbed all of the information.

15 Lessons in Chapter 2: U.S. Banking Laws & Regulations
Test your knowledge with a 30-question chapter practice test
What is a Loan? - Definition, Types, Advantages & Disadvantages

1. What is a Loan? - Definition, Types, Advantages & Disadvantages

Learn what a loan is and some of the most common types of loans that people get. Find out which loans are best for different situations and some of the advantages and disadvantages of getting a loan.

Comparing Loans & Investments

2. Comparing Loans & Investments

Loans and investments can both be very useful tools used by businesses to grow. However, when looking at accounting paperwork, it can be easy to confuse them. In this lesson, we clarify that confusion and show how to use both.

Loan Underwriting: Definition, Process & Purpose

3. Loan Underwriting: Definition, Process & Purpose

In this lesson we will look at the definition of loan underwriting. We will also explore how and why lenders use the process before extending credit to buyers in the form of a mortgage.

Demand Deposit: Definition & Overview

4. Demand Deposit: Definition & Overview

Most people with bank accounts have demand deposits even if they don't know it. In this lesson, you'll learn what a demand deposit is and some related concepts. You'll also have a chance to take a short quiz after the lesson.

What Is a Time Deposit Account? - Definition & Example

5. What Is a Time Deposit Account? - Definition & Example

In this lesson, you will learn the definition of a time deposit and the purpose of interest. We'll explore a demand deposit and discuss the advantages and disadvantages of a time deposit.

Types of Financial Assets: Money, Stocks & Bonds

6. Types of Financial Assets: Money, Stocks & Bonds

For an economy to operate effectively, consumers and businesses need a common medium of exchange and mechanisms to encourage some people to save, others to borrow and others to invest. In any modern economy, these needs are met with money, stocks and bonds.

Insurance Coverage for Various Types of Risk

7. Insurance Coverage for Various Types of Risk

Businesses operate in a world of risk. One of the best ways to manage risk is through insurance. In this lesson, you'll learn about the types of insurance coverage available to businesses to help them manage their risks.

Personal Property & Liability Insurance

8. Personal Property & Liability Insurance

In this lesson, we'll define liability and discuss how liability insurance can protect your personal property. You'll learn about four different types of liability coverage: homeowner, renter, auto and personal umbrella policies.

Sales Promotion in the Promotional Marketing Mix

9. Sales Promotion in the Promotional Marketing Mix

Marketers use a wide range of sales promotion tools to incentivize consumers and intermediaries to buy. Watch this video to learn more about these tools and how they work.

What Is Corporate Finance? - Definition & Fundamentals

10. What Is Corporate Finance? - Definition & Fundamentals

This lesson will introduce the topic of corporate finance and its effects on a corporation and its shareholders. It will discuss capital funding sources and provide an example of a corporation needing to use capital funding for improvements.

What is Corporate Governance? - Definition & Key Players

11. What is Corporate Governance? - Definition & Key Players

This lesson defines and discusses the concept of corporate governance, identifies the key players involved in corporate governance, discusses the roles of these key players, and identifies the primary types of issues faced with regard to corporate governance.

How Technology Makes Banking More Efficient

12. How Technology Makes Banking More Efficient

If you've ever heard the cliché 'banker's hours,' you know that banking traditionally has not been a fast and efficient process. In this lesson, you'll learn about how technology has improved the efficiency of banking for customers.

Information Privacy: Laws & Examples

13. Information Privacy: Laws & Examples

Information privacy is the protection of a customers or individuals personal information. In the lesson you will learn about information privacy, laws, examples followed by a quiz.

Safeguards & Controls of Banking Activities

14. Safeguards & Controls of Banking Activities

Money is one of the most highly valued items a person has. Is that money safe when it is deposited in a bank? In this lesson, you'll learn how banks safeguard your money so that you can be confident with every deposit you make.

The Political and Legal Environment of Marketing

15. The Political and Legal Environment of Marketing

In this lesson, you will learn about the political and legal environment of marketing. Learn which federal legislation, state laws and regulatory agencies have an effect on businesses.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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Other Chapters

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