Why are eurocredits not offered by any one bank?
A) They are typically regulated by the government to exclude single banks.
B) They are typically very large and banks prefer to share the risk with other banks.
C) The denominations are too large for any one bank's ability to fund the loan.
D) Single banks are less likely to profit from them.
Answer: B
You might also like to view...
The idea that the meaning and value of work is whatever the workers determine that it is simply doesn't challenge in any significant way Bowie's contention that employers have an obligation to provide meaningful work.
Answer the following statement true (T) or false (F)
Which of the following statements is false?
a. The final step in the budgeting process is the preparation of budgeted financial statements to allow management to decide whether or not the proposed results are acceptable. b. The first step in the budgeting process is to prepare a statement showing the cost drivers. c. The financial budget is prepared after the operating budget. d. Continuous budgets cause managers to always be thinking twelve months in advance.
What is a person's right to die? What are the views regarding the legality of euthanasia in the United States?
What will be an ideal response?
Uhlen told Bixby that he had been appointed by Green to sell Green's car, and Bixby agreed to buy it. Uhlen was in fact not Green's agent. If Green refuses to sell the car to Bixby, Bixby can sue
a. Uhlen for breach of contract. b. Green for breach of contract. c. both Uhlen and Green. d. neither Uhlen nor Green.