The Banning of Unregulated Deposit Schemes Act, 2019 seeks to protect the interest of:
The Banning of Unregulated Deposit Schemes Act gives amounts due to depositors priority in repayment over most other debts, so it is designed to protect the interest of…
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The Banning of Unregulated Deposit Schemes Act, 2019 seeks to protect the interest of:
Answer and explanation
Correct answer C
The Banning of Unregulated Deposit Schemes Act gives amounts due to depositors priority in repayment over most other debts, so it is designed to protect the interest of depositors, not shareholders, creditors generally, or directors.