Why have checks and balances been built into the U.S. Constitution?
A) to keep a check on the number and frequency of amendments made to the Constitution
B) to ensure that the judiciary is not biased or corrupt
C) to prevent any one of the three branches of the government from becoming too powerful
D) to ensure that people of all races and ethnicities are uniformly represented
C
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What are the possible ways that the bank can meet an expected net deposit drain of +4 percent using purchased liquidity management techniques?
A. Utilize further the Fed funds market. B. Utilize repurchase agreements. C. Liquidate all cash holdings. D. All of the above. E. Answers A and B only.
Marx gets to one of his barns by driving across McDonald's land. He has been making the drive daily for the past six years. McDonald had often asked Marx to stop this practice. Marx now says he has a legal right to continue this use of McDonald's land. Marx's right, if valid, is an easement by
A. necessity. B. implied grant. C. prescription. D. defeasance.