All of the Following Are Reasons for Financial Innovation Except

question 70

Multiple Choice

All of the following are reasons for financial innovation except:

• A)to insure the health and safety of the financial system.
• B)to meet and beat increasing competition within the financial services industry.
• C)to avoid binding regulations.
• D)to deal with price and interest rate volatility.

---

Definitions:

Day-to-Day Concerns

The routine anxieties and worries that arise from daily activities and responsibilities.

Neutral Inquiry

An unbiased, open-ended question-asking technique used to gather information without leading or influencing the response.

Closed-Ended Question

A type of question that is designed to elicit a specific, limited response, typically "yes" or "no", from the respondent.

Boundary Issues

Refers to the challenges or problems that arise when personal or professional limits are not clearly defined, respected, or maintained.