Depreciation, defined as loss of value from any cause, is generally divided into three classes. the loss of value due to wear and tear and action of the elements is called:

The banking act of 1933, also known as the glass-steagall act, established the federal deposit insurance corporation (fdic), which a protected banks from failure by ensuring that the government would bail them out if necessary. b required american taxpayers to establish an account with a commercial bank. c protected depositors from financial losses when banks failed.