Another Name for the International Bank for Reconstruction and Development

question 10

Multiple Choice

Another name for the International Bank for Reconstruction and Development is:

• A) the Bank of America.
• B) the United States Treasury.
• C) the World Bank.
• D) the UN Bank.

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Definitions:

Instrument

A formal document, especially one used in legal or financial contexts, that records a contractual agreement, obligation, or right.

Enforce

To compel obedience or compliance, often through legal or authoritative action.

Restrictive Indorsement

A limitation specified on the face of a check or document that restricts the further transfer of its title or requires certain conditions to be met.

Trust

A fiduciary relationship in which one party, known as a trustee, holds title to property for the benefit of another party, known as a beneficiary.