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People used offshore accounts because they are

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Reference no: EM133116563

ANSWER THE QUESTIONS BELOW AND GIVE EXPLANATION WHY IT IS CORRECT.

1. People used offshore accounts because they are:

a. Protection against frivolous lawsuits

b. Increase of investment diversifications

c. High rate of banking secrecy and anonymity

d. Unavailability of similar opportunities to non-residents

2. Which one is not the core functions of investment bank?

a. Selling of securities

b. Accepting deposits

c. Advisory services

d. Marketing of securities

3. Syndicated loan refers to the process of lending by ............

a. loans but one bank

b. many banks and many loans

c. many banks but one loan

d. one bank and one loan

4. Sovereign risk refers to the risk absorbed or accepted by the....................

Company

Corporation

Government

Association

5. A company may generate sufficient cash to pay its debts, it may use for other purposes refers to

a. Cash

b. Character

c. Capacity

d. Collateral

Reference no: EM133116563

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