Which Is Not an Activity of Investment Banks

question 10

Multiple Choice

Which is not an activity of investment banks?

• A)underwriting new issues of corporate stocks and bonds
• B)acting as deal makers in mergers
• C)acting as intermediaries in the buying and selling of businesses or parts of businesses
• D)underwriting new issues of federal government bonds

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Definitions:

Exculpatory Clause

A contract term that releases one party from liability for wrongful acts or negligence.

Public Policy

A course of action or regulatory measures adopted by a government to address issues of public concern.

Liability

Legal responsibility for one's actions or for a particular outcome, often involving financial restitution.

Safe Deposit Box

A secure container, usually located within a bank vault, used for the safekeeping of valuables.