Reasons Regulators Chose to Follow Regulatory Forbearance Rather Than to Close

question 69

Multiple Choice

Reasons regulators chose to follow regulatory forbearance rather than to close the insolvent S&Ls include all of the following EXCEPT

• A)they had insufficient funds to close all of the insolvent S&Ls.
• B)they were friends with the S&L owners.
• C)they hoped the problem would go away.
• D)they did not have the authority to close the insolvent S&Ls.

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Definitions:

Gasoline Stations

Retail outlets that sell fuel for motor vehicles, often offering other services like car washes or convenience store goods.

Retailing

The sale of goods and services directly to consumers for personal, non-business use.

Selling

The process of transferring goods or services from the seller to the buyer in exchange for money, involving promotion, negotiation, and sales techniques.

Ultimate Consumers

The end-users or buyers who purchase products or services for their personal use, as opposed to purchasing for business or reselling purposes.