Which of These Is a Not a Policy in a Banking

question 35

Multiple Choice

Which of these is a not a policy in a banking group that would help reduce company risk?

• A) Requiring more scrutiny of less successful traders and less of the more successful
• B) Requiring all employees to take regular holidays
• C) Ensuring that incentive systems don't encourage excessive risk taking
• D) None of the above, i.e. all are policies that would help reduce company risk

Assess the role of adequacy of consideration in contract enforcement and exceptions related to fraud.

Explain the preexisting duty rule and its exceptions, including additional work and unforeseen circumstances.

Identify the characteristics and enforceability of illusory promises in contracts.

Understand how past consideration impacts the enforceability of promises.

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Definitions:

Clinical Trials

Research studies conducted with human volunteers designed to evaluate the safety and efficacy of new treatments or interventions.

FDA Approval

FDA approval is the authorization granted by the U.S. Food and Drug Administration for a drug or medical device to be marketed or sold after it has been proven safe and effective for use.

Net Revenue

The total income generated from business activities after subtracting the costs of goods sold and operational expenses.

Expected Value

A calculated average outcome of a random variable, taking into account all possible values and their probabilities.