The Japanese Banking System Went Through a Cycle of ________

question 67

Multiple Choice

The Japanese banking system went through a cycle of ________ in the 1990s similar to the one that occurred in the U.S. in the 1980s.

• A)regulatory forbearance
• B)policy antagonism
• C)regulatory ignorance
• D)policy renewal

---

Definitions:

Contractual Capacity

The legal ability of a person or entity to enter into a contract.

Ratify

To formally approve or confirm an agreement, treaty, or action, making it officially valid.

Disaffirm

To disaffirm means to officially reject, deny, or renounce a contract or agreement, especially by a minor or someone not fully competent.

Disaffirm

The legal act of renouncing or rejecting a contract or agreement, particularly one entered into by a minor.