Which of the Following Is Not True Regarding the Financial

question 38

Multiple Choice

Which of the following is not true regarding the Financial Services Modernization Act of 1999?

• A)It provided more momentum for the consolidation of financial services.
• B)Financial institutions were finally able to offer a diversified set of financial services without being subjected to stringent constraints on the form or amount of financial services that they could offer.
• C)Banks and other financial service firms were given more freedom to merge, but were forced to divest some of the financial services that they acquired.
• D)Financial institutions no longer had to search for loopholes or monitor their business to ensure that the degree of financial services offered remained within the regulatory constraints that were previously imposed.
• E)all of the above are true

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Definitions:

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Red Blood Cells

Cells in the blood that carry oxygen from the lungs to all parts of the body and return carbon dioxide to be exhaled.

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This refers to the process by which B-cells mature and differentiate into cells capable of producing antibodies.

Cellular Immunity

A component of the immune system that involves the activation of immune cells to fight off pathogens, particularly those that reside within cells.