What Is the Congressional Act,enacted in 1933 and Repealed in 1999,which

question 196

Multiple Choice

What is the Congressional act,enacted in 1933 and repealed in 1999,which prevented financial firms from being both commercial banks and investment banks?

• A)the Sarbanes-Oxley Act
• B)the Glass-Steagall Act
• C)the Taft-Hartley Act
• D)the Cellar-Kefauver Act

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Definitions:

Apprehension

Anxiety or fear that something bad or unpleasant will happen, or the arrest of a person suspected of committing a crime.

Willful

An action done intentionally, often referring to a deliberate decision made with full awareness of its consequences.

Intentional Torts

Intentional torts are wrongful actions performed intentionally by a person against another person or property, resulting in harm.

Intentional

Intentional refers to actions done with purpose or deliberate intent, often in the context of torts or criminal law, where the mindset of the actor plays a key role.