The Gramm-Leach-Bliley Act created the financial holding company (FHC) structure in order to
A. allow banks to engage in additional non-banking activities.
B. allow banks to merge with other banks.
C. prevent banks from dealing in securities and insurance products.
D. prevent bank holding companies from branching across state lines.
Answer: A
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Indicate whether the statement is true or false
In a periodic tenancy, ________.
A. the landlord and tenant agree on a specific duration of the lease B. either party must give advance notice to the other to terminate the tenancy C. the tenant remains in possession of the property even after the lease has expired D. either party may choose to conclude the tenancy at any time
Optimism, integrity, and even being proactive are not developed easily if there is not already a predisposition to display them.
Answer the following statement true (T) or false (F)
Rule 10b-5 of the Securities Act of 1934 prohibits any person from making a misstatement or omission of a material fact in connection with the:
A. mortgage of real estate. B. purchase or sale of any security. C. purchase or sale of a property. D. mortgage of constructing a building.