The recent collapse of some banks and financial institutions and the merger of others in ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the the presence of the Regulator and a solid legal system backing it. From the discussion in class and available literature, examine some of the difficulties associated with the financial system and how these challenges have been addressed by the Banks and Specialised Deposit Taking Institutions Act 2016 (Act 930).

Are there any novel ways by which some of the challenges may be resolved in your opinion?

What will be an ideal response.


Answer: 

Legal Studies & Paralegal

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Answer the following statements true (T) or false (F)

1. Office management includes time keeping, calendar maintenance, conflicts checking, and accounting functions. 2. Case management and office management are not related tasks. 3. Litigation management seeks to efficiently store information electronically which is then available to members of the legal team granted access to the electronic files. 4. Technology and computer based software eliminates the need for obtaining basic case information from client interviews, attorney research, and investigator reports. 5. Time/billing programs implemented and used by law firms assist in keeping track of billable hours and calculating fees accurately.

Legal Studies & Paralegal

At the first meeting of the creditors, the trustee reviews the debtor's ________, and invites the creditors who are present to do the same

Fill in the blank(s) with correct word

Legal Studies & Paralegal

The ______________ is a specialized computing device that routes messages to their intended destinations, much like a coin sorter sorts coins into the proper slots or bins

Fill in the blank(s) with correct word

Legal Studies & Paralegal

The Commerce Clause has a greater impact on business than any other provision in the Constitution

Indicate whether the statement is true or false

Legal Studies & Paralegal