Why Would a U

question 99

Multiple Choice

Why would a U.S.bank open a foreign branch bank?

• A)Because this form of bank organization can allow a U.S.bank to provide a fuller range of services for its MNC customers than it can through a representative office.
• B)To avoid U.S.banking regulation on transactions routed through that foreign country.
• C)Because this form of organization allows the bank to service MNC clients at low cost and without the need of having bank personnel located in the country.
• D)Because this form of bank organization can allow a U.S.bank to provide a fuller range of services for its MNC customers than it can through a representative office,and to avoid U.S.banking regulation on transactions routed through that foreign country.

---

Definitions:

Field

An individual piece of data or attribute in a record, typically represented in a column in databases and spreadsheets.

Status Bar

A graphical control element at the bottom of a window that shows information about the current state of the application or document.

Database Object

A structured data or a collection of data stored in a database.

Commands

Instructions given to computer software to perform specific operations or tasks.