The Principal-Agent Problem That Exists for Bank Trading Activities Can

question 33

Multiple Choice

The principal-agent problem that exists for bank trading activities can be reduced through

• A)creation of internal controls that combine trading activities with bookkeeping.
• B)creation of internal controls that separate trading activities from bookkeeping.
• C)elimination of regulation of banking.
• D)elimination of internal controls.

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The authority of a court to hear cases related to a specific type of law or legal dispute.

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The courts of the United States, which have jurisdiction over cases involving federal law, interstate disputes, and other matters outlined in the Constitution.