Which of the Following Legislations Created the Consumer Financial Protection

question 54

Multiple Choice

Which of the following legislations created the Consumer Financial Protection Bureau (CFPB) ?

• A)The Restoring American Financial Stability Act
• B)The Consumer Product Safety Commission
• C)The Federal Financial Supervisory Authority
• D)The Product Quality Commission

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Definitions:

Acquisition

The process by which one company takes over another, either through purchase of its shares or assets.

Net Present Value

A calculation used to determine the value of an investment by considering the present value of its expected future cash flows and initial cost.

Cash Acquisition

A takeover strategy where the acquiring company buys another company's ownership stakes using cash as the mode of payment.

Shares Outstanding

The total number of a company's shares that are currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.