Which Act Was Chiefly Responsible for Bailing Out the S&L

question 53

Multiple Choice

Which act was chiefly responsible for bailing out the S&L industry?

• A)The Basel Accord of 1988
• B)The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
• C)The Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991
• D)The Interstate Banking and Branching Efficiency Act (IBBEA) of 1994

Recognize the importance of observable actions versus internal mental events in psychological theory.

Understand how psychological theories apply to practical issues such as anxiety treatment, school violence, and personal development.

Examine how psychologists integrate multiple perspectives to explain human behaviour and mental processes.

Understand the features and provisions of bond indenture agreements.

---

Definitions:

Short-form Merger

A short-form merger is a type of merger that allows a parent company to absorb a subsidiary without the approval of the shareholders of the subsidiary.

Shareholder Approval

The process by which a corporation's shareholders vote on and approve certain corporate actions or decisions.

Revised MBCA

An updated version of the Model Business Corporation Act, which provides a template for state laws regulating the formation, operation, and dissolution of corporations.

Voting Rule

A set of regulations determining the number of votes needed for a proposal to pass, often found in legislative bodies or on boards of directors.