In October 2008,Congress Passed the ________,Under Which the Treasury Provided

question 181

Multiple Choice

In October 2008,Congress passed the ________,under which the Treasury provided funds to banks in exchange for stock.

• A)Bank Rescue Alliance Treaty (BRAT)
• B)Mortgage Transfer Agency (MTA)
• C)Troubled Asset Relief Program (TARP)
• D)Financial Assurance Association (FAA)

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Definitions:

Collection Of Rules

A set of guidelines or principles designed to govern behavior or procedures.

Conduct

The manner in which a person behaves, especially on a particular occasion or in a specific context.

Criminal Law

A system of laws concerned with punishment of individuals who commit crimes.

Misdemeanors

Lesser criminal acts that are punishable by fines or imprisonment for a short period, not in a high-security facility.