Rank the Following in Asset Size from Largest to Smallest

question 2

Multiple Choice

Rank the following in asset size from largest to smallest in 2010.
I. Mutual funds
II. Insurance companies
III. Commercial banks

• A) I, II, III
• B) I, III, II
• C) II, III, I
• D) III, II, I
• E) III, I, II

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Definitions:

Limited Liability

Limited liability is a legal structure that restricts an investor's or owner's loss to the amount invested, protecting personal assets from business debts and claims.

Limited Partners

Investors in a limited partnership who contribute capital but have limited liabilities and are not involved in day-to-day management of the business.

Dissolve

To dissolve is to officially end the existence of an entity or agreement, such as dissolving a corporation or dissolving a marriage through divorce.

Bankruptcy

A judicial process that enables individuals or businesses struggling to fulfill their financial commitments to obtain relief from part or all of their debts.