Deregulation Affected Which of the Following Industries?​

question 52

Multiple Choice

Deregulation affected which of the following industries?​

• A)telecommunication
• B)railroad
• C)banking
• D)airline
• E)All of these are correct.

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Definitions:

Insurance

A financial product offering protection against possible future losses or damages in exchange for premium payments.

Trusts

Legal arrangements where one person, the trustee, holds property for the benefit of another, the beneficiary, according to the terms of the trust document.

Customary Compensation

Refers to the typical or usual payment made for a service or to fulfill a contractual obligation.

Tax Audit

An examination or review by tax authorities to verify the accuracy of taxes filed by an individual or organization.