10-91 Using the BIS Internal Guidelines,what Is the Total Capital

question 88

Multiple Choice

10-91 Using the BIS internal guidelines,what is the total capital (Tier I,II and III) required to lower market risk?

• A)$1.28 million.
• B)$3.24 million.
• C)$4.05 million.
• D)$5.25 million. e $12.80 million.

---

Definitions:

Destination Contract

A contract specifying that the seller is responsible for delivering goods to a specific location, with the risk of loss transferring upon delivery.

Shipment Contract

An agreement where the seller is obligated to transport goods to a specific destination, with title and risk of loss passing to the buyer upon delivery to a carrier.

Bill Of Lading

An official document issued by a carrier to acknowledge receipt of cargo for shipment, acting as a contract between the owner of the goods and the carrier.

Insurable Interest

Insurable interest exists when an individual or entity stands to suffer a financial loss or certain types of loss from the damage, loss, or destruction of the property or the life insured.