The Gramm-Leach-Bliley Act Repealed the Bretton Woods Agreement

question 67

True/False

The Gramm-Leach-Bliley Act repealed the Bretton Woods Agreement.
The Gramm-Leach-Bliley Act repealed the Glass-Steagall Act, which dated back to the Depression Era of the 1930s.

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Definitions:

Drawee Bank

The bank upon which a check is drawn, meaning the bank that is ordered to pay the check's amount.

Aggravated Identity Theft

A crime involving the deliberate use of someone else's identity to carry out illegal activities, especially when it involves fraud or theft and results in severe consequences.

Signature Card

A document signed by an account holder at a financial institution, providing a specimen signature for verification purposes.

Unauthorized Use

Utilization of property, resources, or information without permission, typically violating legal or contractual boundaries.