Which of the Following Is a True Statement Concerning Bank

question 62

Multiple Choice

Which of the following is a true statement concerning bank holding companies?

• A) Bank holding companies own few large banks.
• B) Bank holding companies are an important advantage to circumvent restrictive branching regulations.
• C) The McFadden Act has prevented bank holding companies from establishing branch banks.
• D) Bank holding companies can own only banks.

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Definitions:

Adaptations

The process by which a species becomes fitted to its environment; it is the result of natural selection acting upon heritable variation.

Evolutionary Modifications

Changes in an organism's genetic makeup over time, leading to adaptations and the emergence of new species through natural selection and other evolutionary processes.

Vestigial Structures

Anatomical features or behaviors that have lost all or most of their original function in a species through evolution.

Bioremediation

A method to clean up a hazardous waste site that uses microorganisms to break down toxic pollutants, or plants to selectively accumulate toxins.