Which of the following is true of the Dodd-Frank Act with regard to derivatives?
A) The Dodd-Frank statute will standardize derivatives traded on exchanges to decrease transparency.
B) Derivatives must be routed through a subsidiary to ensure that companies using them post collateral.
C) Banks can continue to trade derivatives in-house based on interest rates and foreign exchanges, and for purposes of hedging risk.
D) Banks will have to spin off their riskier derivatives and trade them through a clearing house.
C
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Kenneth wants to be a master chess player. However, something is impeding his progress toward this goal. Kenneth works hard when he sits down to practice at the chessboard, and is willing to practice for months or years, however long it takes to become a master chess player. The problem seems to be he does not really know what and how to practice to achieve his goal. According to this scenario, what element of motivation is Kenneth missing?
A. energy B. direction C. maintenance D. leadership
During a recessionary period, which of the following economic behavior would be expected?
A. The use of credit would decline. B. Consumer spending would increase. C. Property values would jump dramatically. D. Taxes would increase nationally. E. Consumers would use the majority of their discretionary income on entertainment.
InfoFree Inc makes and sells devices and services for the circumvention of encryption software and other technological antipiracy protection. Under the Digital Millennium Copyright Act, this is A) a violation of copyright law
B) prohibited but not a violation of copyright law. C) a "fair use" exception to the provisions of the act. D) permitted for reconsideration every three years.
Security requirements are more stringent for traditional applications than for browser-based ones
Indicate whether the statement is true or false