The First Type of International Office That a Bank Forms

question 19

Multiple Choice

The first type of international office that a bank forms outside its home country that is exploratory in nature is known as:

• A) an Edge Act bank.
• B) a head office.
• C) a representative office.
• D) an agreement corporation.
• E) a foreign branch.

---

Definitions:

Structure Labeled

A diagram or model of an object in which specific parts are marked and named to aid in identification and understanding.

Eyespots

Photoreceptor cells in some unicellular organisms that allow them to detect light, aiding in survival by guiding movements towards or away from light sources.

Leeches

Blood-sucking or carnivorous aquatic or terrestrial worms, belonging to the class Hirudinea.

Setae

Bristle-like structures found on the bodies of some animals, such as insects and earthworms, used for sensation, locomotion, or attachment.