All of the Following Are Points of the Restoring American

question 41

Multiple Choice

All of the following are points of the Restoring American Financial Stability Act of 2010 EXCEPT:

• A) imposing tighter restrictions on banks to limit risky investments.
• B) requiring mortgage lenders to review income and credit histories of applicants to ensure they can afford payments.
• C) creating a Consumer Financial Protection Bureau.
• D) requiring firms that create mortgage backed securities to keep at least 50 percent of their value as reserves.

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Definitions:

Delegated

The process of assigning responsibility or authority to another person to carry out specific activities while the original person retains overall responsibility.

Accountability

The obligation of individuals or organizations to account for their activities, accept responsibility for them, and disclose the results in a transparent manner.

Ambulation

The ability to walk from place to place independently with or without assistive devices.

Documenting

The process of systematically recording and maintaining information relevant to a particular field or activity.