The Original TREAD Bill, Proposed by the Senate, Called for Penalties

question 12

True/False

The original TREAD bill, proposed by the Senate, called for penalties of up to $50,000 in fines and up to 15 years in prison.

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Definitions:

Trend Analysis

The practice of collecting information and attempting to spot a pattern, often used in financial contexts to forecast future movements based on historical data.

Base Year

A fixed reference point or year used for comparison purposes in financial and economic analysis.

Rate of Return

The increase or decrease in value of an investment over a certain time frame, shown as a percentage of the investment's original price.

Total Assets

The total value of everything a company owns, encompassing cash, stocks, real estate, and machinery.