Which of the Following Is an Effect of Repeated Rounds

question 15

Multiple Choice

Which of the following is an effect of repeated rounds of deregulation in the banking industry?

• A) Deregulation has enabled technical innovations in financial instruments.
• B) Deregulation has restricted the scope of banking to lending and accepting deposits.
• C) Deregulation reduced the level of risk-taking in the banking sector.
• D) Deregulation has limited the growth of the banking sector.

Understand the creation, operation, and termination of franchises.

Recognize laws and acts governing partnerships, corporations, and limited liability companies.

Distinguish between the responsibilities and authority of individuals within different business organizations.

Understand the concept of double taxation and how it applies to specific business entities.

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Definitions:

Motion to Dismiss

A legal request submitted to a court, asking to dismiss a particular case for specific reasons before going to trial.

Discovery

Formal investigation prior to trial. Opposing parties use various methods, such as interrogatories and depositions, to obtain information from each other and from witnesses to prepare for trial.

Counterclaim

A legal claim brought against the plaintiff by the defendant within the same lawsuit.

Discovery

A pre-trial procedure in a lawsuit where each party can obtain evidence from the opposite party through various means, such as interrogatories, document requests, and depositions.