The First State Bank of Wyoming Wants to Acquire the First

question 17

Multiple Choice

The First State Bank of Wyoming wants to acquire the First State Bank of Oklahoma.The management of the bank feels that this will increase earnings as new markets will be exploited and new services will be offered to all of their bank customers.Which motive for a merger does this most likely reflect?

• A)Profit potential
• B)Risk reduction
• C)Rescue of failing institution
• D)Cost savings
• E)Maximizing management welfare

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Definitions:

The Draft

The compulsory enlistment of individuals into the armed forces, often implemented during times of war or conflict.

Upper Class

The highest social class, typically comprising individuals or families with significant wealth, power, and influence in society.

Enlistees

Individuals who voluntarily sign up for military service, particularly during times of war.

Immediate Victory

A quick or swift accomplishment of a win or success in a competition, battle, or conflict, often achieved faster than expected.