Off Shore Banks

question 4

Multiple Choice

Off shore banks:

• A) Are illegal to do business with if you are a US citizen
• B) Are used by US high net worth individuals for favorable tax treatment
• C) Often are subsidiaries of US banks
• D) All of the above

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Definitions:

Motivational Strategy

Techniques or approaches used to inspire oneself or others to engage in certain behaviors or achieve goals.

Confidence

The feeling of self-assurance arising from an appreciation of one's own abilities or qualities.

Easily Distracted

A state where an individual's attention shifts frequently from one task to another with little focus.

Win-Win Solution

An outcome of a negotiation or conflict resolution where all parties involved perceive themselves as having benefited equally.