The 1999 Gramm-Leach-Bliley Act Allowed Banks To

question 19

Multiple Choice

The 1999 Gramm-Leach-Bliley Act allowed banks to:

• A)engage in subprime lending.
• B)sell insurance.
• C)become more involved in investment bank activities.
• D)underwrite government bonds.
• E)choose between commercial and investment bank activities.

---

Definitions:

Inaccurately

Describes information, data, or results that are not correct or precise, often leading to errors in interpretation or conclusions.

Overall Impression

A general assessment or perception of something, typically considering all aspects or a comprehensive view.

Rating Scale

A tool used to capture responses or opinions by providing a set of categories that quantify characteristics, feelings, or attitudes.

Autobiography

A procedure that asks an individual to write subjective information that stands out in his or her life. In some ways, the information highlighted in an individual’s autobiography is a type of projective test of his or her unconscious mind. A type of record and personal document.