Bank Consolidation Is Potentially a Problem Because

question 16

Multiple Choice

Bank consolidation is potentially a problem because

• A) larger banks tend to be more diversified.
• B) larger banks tend to take greater risks.
• C) both of the above.
• D) neither of the above.

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Definitions:

Civil Code

A codification of laws intended to systematically cover areas of private law such as contracts, property, family, and obligations.

Equity

Refers to a body of law providing remedies that go beyond those offered by traditional common law, often aimed at fairness.

Legal System

The framework of rules, laws, and regulations, including the structures and processes set up to enforce them, governing a society.

B.C. Supreme Court

The highest trial court in British Columbia, Canada, that deals with significant civil and criminal cases.