The Gramm-Leach-Biley Act

question 60

Multiple Choice

The Gramm-Leach-Biley Act

• A) does not allows business combinations between commercial banks, investment banks and insurance companies.
• B) allows business combinations between commercial banks and investment banks, but not insurance companies.
• C) allows business combinations between commercial banks, investment banks and insurance companies.
• D) was signed during the Great Depression because of the financial crisis.

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Definitions:

Video Monitor

An electronic visual display designed for viewing video signals, commonly used in televisions, computer monitors, and surveillance systems.

Observers Perceive

Refers to the way individuals notice or become aware of something using their senses.

Early 1900s

Refers to the time period from the beginning of the 20th century to roughly the outbreak of World War I.

Caloric Intake

Caloric intake is the total number of calories consumed through food and beverages, critical for energy and health management.