_____ Overturned the Section of the Banking Act of 1933

question 82

Multiple Choice

_____ overturned the section of the Banking Act of 1933 that prohibited commercial banks from selling insurance or performing the functions of investment banks.

• A) The Sarbanes-Oxley Act of 2002
• B) The Securities and Exchange Act of 1934
• C) The Financial Services Modernization Act of 1999
• D) The Securities Act of 1933

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Definitions:

Resource Allocation

The process of distributing resources among various projects or business units in order to maximize efficiency and achieve strategic goals.

Creativity

The application of creativity and unique concepts in the production of something new; the quality of being inventive.

Economic Value

The worth of a good or service determined by the benefits or utility it provides, often measured in terms of money.

Brainstorming

A group creativity technique designed to generate a large number of ideas for the solution of a problem.