1-Liabilities equal approximately _____ of total assets for nonfinancial U.S. businesses. Multiple Choice 10% 25%...

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Finance

1-Liabilities equal approximately _____ of total assets for nonfinancial U.S. businesses. Multiple Choice

10%

25%

45%

75%

2-Until 1999, the __________ Act separated commercial banking and investment banking activities.

Multiple Choice

  • Dodd-Frank Wall Street Reform and Consumer Protection

  • Sarbanes-Oxley

  • Glass-Steagall

  • 3-Until 1999, the __________ Act separated commercial banking and investment banking activities.

  • Multiple Choice

  • Dodd-Frank Wall Street Reform and Consumer Protection

  • Sarbanes-Oxley

  • Glass-Steagall

4-The 2002 law designed to improve corporate governance is titled the _____ .

Multiple Choice

  • Pension Reform Act

  • ERISA

  • Financial Services Modernization Act

  • Sarbanes-Oxley Act

5-Which of the following is (are) true about nonconforming mortgage loans?

Multiple Choice

  • They are also known as subprime loans.

  • They have higher default risk than conforming loans.

  • They were able to be offered without due diligence.

  • All of the options are true.

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