Question 2810 Deck General

70% to pass

A seaman may have all or part of his wages deposited by allotment to a bank or savings institution. Which of the following is NOT a requirement for this type of allotment?

A The account must be opened by the seaman and maintained in the seaman's name.
B The institution must be insured by the FSLIC or FDIC.
C The account must be either a checking or savings account.
D All of the above are requirements.
AI Explanation

The correct answer is C) The account must be either a checking or savings account. The reasoning for this is that the requirement for a seaman's wage allotment account does not specify the type of account it must be. It can be a checking account, savings account, or any other type of account at an FDIC/FSLIC insured institution, as long as it is in the seaman's name. The other options (A, B, and D) are all actual requirements for this type of allotment, but the account type is not limited to just checking or savings accounts.

Related Questions
Q@q.QuestionNumber:A seaman deserts the vessel in a foreign port. What should the Master do with an... Q@q.QuestionNumber:Who completes the Declaration of Inspection before loading a tank vessel? Q@q.QuestionNumber:A jack-up 180 feet in length with the LCF at 120 feet AF0 has a true mean draft ... Q@q.QuestionNumber:When using a crane for transferring personnel in a basket, the load hook must be... Q@q.QuestionNumber:A semisubmersible rig under tow should be ballasted down if _______________.

Ready to test your knowledge?

Take a Deck General Practice Exam
Official Resources
USCG Navigation Center USCG National Maritime Center Merchant Mariner Credentials
← Previous Question All Questions Next Question →

Want to practice with timed exams?

Download Coast Guard Exams for the full exam experience with progress tracking.

Get the App