The Competitive Equality Banking Act of 1987

question 2

Multiple Choice

The Competitive Equality Banking Act of 1987

• A)made branching across state lines legal.
• B)forbade the opening of additional nonbank banks.
• C)mandated that banks charge the same interest rate to all customers receiving a particular type of loan.
• D)made bank holding companies illegal.

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Definitions:

Values and Actions

Values and actions refer to the relationship between what individuals believe in, consider important, and how they behave or act in various situations.

Individual Realms

Focuses on areas or fields where individual actions, choices, or behaviors are predominant.

Presumption

An assumption or belief that is taken as true without concrete evidence to support it.

Administrative Competence

Refers to the ability to effectively manage, direct, and apply administrative processes and practices.