The Bursting of the Dot-Com Bubble Contributed to the

question 2

Multiple Choice

The bursting of the dot-com bubble contributed to the

• A) Great Depression.
• B) inflation of the late 1970s.
• C) recession of 2001.
• D) financial crisis of 2007-2009.

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Definitions:

Repossessed

The act of taking back goods or property by a seller or lender from the buyer or borrower due to non-compliance with the terms of the sale or loan.

Resold

The act of selling an item or property again, especially after purchasing it from the original seller.

Registration

A legislated requirement for incorporating a company in some jurisdictions in Canada.

Personal Property Security Act

A body of law that governs the rights of creditors and debtors with respect to personal property used as security.