The Is an Act That Repealed a Depression-Era Law Known

question 67

Multiple Choice

The is an act that repealed a depression-era law known as Glass-Steagall.

• A) Fair Credit Reporting Act
• B) Health Insurance Portability and Accountability Act
• C) Gramm-Leach-Bliley Act
• D) Electronic Communications Privacy Act

---

Definitions:

Face Value

The original cost of a bond or stock, as indicated on the certificate; it is also known as the nominal or par value.

Above Face Value

A situation where a financial instrument, such as a bond, is traded for more than its original issue price.

Issued Bonds

Debt securities that a company or government has sold to investors to raise capital.

Premium on Bonds Payable

The excess amount over the face value that investors pay when they purchase a bond, representing an additional cost to the issuer.