If One Bank Is Reluctant to Take Full Responsibility for a New

question 64

Multiple Choice

If one bank is reluctant to take full responsibility for a new issuance, the bank may form a __________________, which is a group of investment banks, each of which underwrites a portion of the new offering.

• A)risk partnership
• B)joint investment
• C)syndicate
• D)private placement

---

Definitions:

Defense Mechanism

Defense Mechanism refers to psychological strategies brought into play by individuals unconsciously to protect themselves from anxiety or to face reality.

Rationalization

is the cognitive process of making seemingly acceptable explanations for behaviors that are actually irrational, often to justify personal decisions and actions.

Projection

A psychological defense mechanism where individuals attribute their own unwanted feelings, impulses, or thoughts to others.

Displacement

In psychology, a defense mechanism involving the transfer of an emotional response from the original stimulus to a substitute target.