Prior to the 1980s, Regulation of the Banking System Included

question 2

Multiple Choice

Prior to the 1980s, regulation of the banking system included which of the following?

• A)restrictions on entry
• B)regulation Q interest rate ceilings
• C)restrictions on branching
• D)All of the above are correct.

---

Definitions:

Security Agreement

A legal document that provides a lender a security interest in a specified asset or property that is pledged as collateral.

Collateral

Collateral refers to assets that a borrower offers to a lender to secure a loan, which can be seized if the loan is not repaid.

Perfection by Possession

A method of securing interests in personal property by physical possession, thereby prioritizing claims against the property.

Perfection by Filing

A legal process to protect a secured interest in a debtor's property by filing appropriate documents with a governmental office or registry.