What is one of the reasons banks are vulnerable to bank runs? Since banks hold only a fraction of their deposits on hand as reserves, on any given day if enough customers make withdrawals, a bank could find itself unable to meet the demand for cash.

Banks pay low interest rates to depositors but make many conservative loans at high interest rates.

Customers have difficulty accessing their funds after hours because banks have short business hours.

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above