For the Following Problems, Choose Among the Following Major Banking

question 123

Multiple Choice

For the following problems, choose among the following major banking laws.
-This legislation limited the use of "too big to fail" bailouts.

• A)The McFadden Act of 1927
• B)The Glass-Steagall Act of 1933
• C)The Depository Institutions Deregulation and Monetary Control Act (DIDMCA) of 1980
• D)The Garn-St Germain Depository Institutions Act (DIA) of 1982
• E)The Competitive Equality in Banking Act (CEBA) of 1987
• F)The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
• G)The Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991
• H)The Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994
• I)Financial Services Modernization Act of 1999

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Definitions:

Corporate Constituency

The various groups and individuals that a corporation interacts with and has obligations toward, including shareholders, employees, customers, and the community.

Stakeholder Laws

Regulations aimed at protecting the interests of all parties affected by a company's operations, not just its shareholders.

Staggered Terms

An arrangement where members of a governing body are elected at different times, so not all positions are up for election simultaneously.

Cumulative Voting

A voting system that allows shareholders to concentrate all their votes on a single candidate during a multiple-seat election, enhancing minority shareholders' representation.