Duble Mining Ltd

question 60

Multiple Choice

Duble Mining Ltd.began gold mining operations in Brazil a year ago.Recent change in government policy caused the risk management department to transfer some uninsured risk to satisfy their commercial lenders.Which of the following actions would immediately confirm to the commercial lenders that their requirements have been met?

• A) hiring private security to guard the mine
• B) selling shares to the public to raise capital
• C) arranging a political risk insurance policy
• D) engaging in political lobbying efforts

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Definitions:

Old Confederacy

A term referring to the eleven Southern states that seceded from the United States in 1860-61, leading to the American Civil War.

Voting Rights Act

The Voting Rights Act of 1965 is landmark federal legislation in the United States that prohibits racial discrimination in voting, aiming to ensure fair and equal voting rights for all American citizens.

Eligible Black Residents

Refers to African-American individuals who meet specified criteria or conditions for participation in certain activities, programs, or benefits, such as voting or scholarships.

Strict Scrutiny

The most rigorous standard of judicial review used by courts to evaluate the constitutionality of laws, especially those that infringe on fundamental rights or affect protected classes.