Which of the following is an advantage of forming a bank holding company?

A) It allows ownership of several banks where branching is prohibited.
B) It allows owners to engage in activities related to banking that are prohibited to banks.
C) Both A and B of the above.
D) None of the above.

C

Business

You might also like to view...

Nondirective interviews can be described as little more than a general conversation

Indicate whether this statement is true or false.

Business

Serena and Savyvahn, roommates at Georgia Tech, were attending a Friday night "mixer" in a private home near campus where several other students began passing around and puffing on marijuana cigarettes. Serena and Savyvahn had refused to take even one

puff although they had been sipping "light" beers for an hour or so before the doorbell rang. Serena and Savyvahn are one year under the legal drinking age. Serena opened the door and a uniformed officer asked: "Can I come in?" Serena simply said "sure.". Within minutes everyone in the house was issued a citation for misdemeanor-possession of a controlled substance. Of what crimes are Serena and Savyvahnguilty, if any? Select the correct answer from below and explain why it is correct. a . They are guilty of underage consumption of alcoholic beverages. b. They are guilty of the misdemeanor of "possession of a controlled substance for personal use" as aiders and abettors of the persons who were smoking the marijuana. c. They are not guilty of any crime, because the search by the police violated the Fourth Amendment. d. They are not guilty of any crime.

Business